Multiple Choice
Which of the following statements is FALSE?
A) Most projects will require the firm to invest in net working capital.
B) The main components of net working capital are cash,inventory,receivables,and property,plant and equipment.
C) ΔNWCt = NWCt - NWCt - 1.
D) In the final year of a project,the firm ultimately recovers the investment in net working capital.
Correct Answer:
Verified
Correct Answer:
Verified
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