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    Financial Management Theory and Practice Study Set 1
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    Exam 11: Cash Flow Estimation and Risk Analysis
  5. Question
    Changes in Net Operating Working Capital Do Not Need to Be
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Changes in Net Operating Working Capital Do Not Need to Be

Question 10

Question 10

True/False

Changes in net operating working capital do not need to be considered in a capital budgeting cash flow analysis because capital budgeting relates to fixed assets,not working capital.

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