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    Managerial Accounting for Managers Study Set 1
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    Exam 20: Income Taxes and the Net Present Value Method
  5. Question
    (Appendix 8C)The Investment in Working Capital at the Start of an Investment
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(Appendix 8C)The Investment in Working Capital at the Start of an Investment

Question 35

Question 35

True/False

(Appendix 8C)The investment in working capital at the start of an investment project can not be deducted from revenues when computing taxable income.

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