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D Question 24 5.7 pts Consider the following statements about an investment in working capital in a net present value analysis: a 1. Working capital

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D Question 24 5.7 pts Consider the following statements about an investment in working capital in a net present value analysis: a 1. Working capital needs often increase as the result of higher balances in accounts receivable or inventory necessary to support a project. II. The recovery of a working capital investment is included as a cash inflow at the end of the project III. The cash investment in working capital is included as a cash outflow at the beginning of the project. Which of the above statements are correct? o I only O Ill only II and III Oll only O I, II, and

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