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A proposed project requires an initial investment of $8,500 in current assets, 75% of which will be financed with accounts payable. The project will have:
A proposed project requires an initial investment of $8,500 in current assets, 75% of which will be financed with accounts payable. The project will have:
A) an initial cash outflow of $8,500 at time zero for net working capital.
B) a cash outflow for net working capital at the end of the project. (This was wrong)
C) a cash inflow at the end of the project from net working capital.
D) a cash outflow for net working capital every year of the project's life.
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