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15. Which of the following items is considered when computing the terminal cash flow for an expansion project? a. Change in net working capital b.

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15. Which of the following items is considered when computing the terminal cash flow for an expansion project? a. Change in net working capital b. Inflation during the project's life c. Initial cash outlay of the project. d. Opportunity cost of the project. e. Sunk cost of the project. 16. The following information relates to Lobo Corporation. Cash Accounts receivable Marketable securities Notes payable Accrued rent Based on this information, the net working capital of the company is: $20,000 $50,000 $65,000 $10,000 $5,000 a. $130,000 b. $105,000 c. $115,000 d. $120,000 e. $100,000

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