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    Exam 12: Capital Budgeting: Principles and Techniques
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    The Change in Net Working Capital-Regardless of Whether an Increase
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The Change in Net Working Capital-Regardless of Whether an Increase

Question 52

Question 52

True/False

The change in net working capital-regardless of whether an increase or decrease-is not taxable because it merely involves a net build-up or reduction of current accounts.

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