chris Active 11 years ago Topics: 0Replies: 1☆ ProfileForums Topics StartedReplies CreatedEngagements Forum Replies Created Viewing 1 post (of 1 total) Author Posts November 7, 2014 at 6:34 am #208178 chrisMember Topics: 0Replies: 1☆ hi i want to know when do we add or when do we subtract depreciation from the cash flows before calculating net present value or payback, because i saw in some examples the add depreciation and in some they subtract. Author Posts Viewing 1 post (of 1 total)