Q Capital Budgeting 0 unread of 1 message Worth Double points Hide Full Description Explain the following sentences presented below: 1. "Many times a new project involves an additional investment in working capital." 2. "Add depreciation back into net operating income when calculating cash flows." 3. Discuss the tax implications associated with the sale of an old asset. 4. Cash flow projections are a dentral component of the analysis of new investment ideas. In most firms, the person responsible for making these projections is not the same person who generated the investment idea in the first place. Why? . Please note that your content post is