Which of the following is NOT an explanation for why an increased investment in a project affect net working capital instead of accounting profits. A.
Which of the following is NOT an explanation for why an increased investment in a project affect net working capital instead of accounting profits.
A. Credit sales increase accounts receivable, which is an asset
B. increases in inventory are assets.
C. Additional financing affects the profit margin.
D. If a project increase net working capital, the money is a cash flow, not profit
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Authors: John J. Murphy
1st Edition
0735200661, 978-0735200661
