If Depreciation Is A Non-Cash Expense, Why Does It Affect The Cash Balance?

We know that depreciation expenses aren't actually paid out as cash...so why do they affect cash? Contact: investmentbankinginsights@gmail.com

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What information do you need to know as an aspiring investment banker? Join career-switcher and MBA student Alex Mason as we journey together to uncover the technical (including the famous "400 interview questions") and not-so-technical aspects of the investment banking profession.