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    Managerial Accounting Study Set 15
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    Exam 12: Income Taxes and the Net Present Value Method
  5. Question
    The Investment in Working Capital at the Start of an Investment
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The Investment in Working Capital at the Start of an Investment

Question 97

Question 97

True/False

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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