Question
In capital budgeting, we assumed that a firm would recover all of the working capital it invested in a project. Is this a reasonable assumption?
In capital budgeting, we assumed that a firm would recover all of the working capital it invested in a project. Is this a reasonable assumption? When might it not be valid?
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
11th Canadian Edition
1259024970, 978-1259265921
