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Which of the following questions is FALSE? A) Net Working Capital = Current Assets - Current Liabilities. B) Because depreciation is not a cash flow,
Which of the following questions is FALSE? A) Net Working Capital = Current Assets - Current Liabilities. B) Because depreciation is not a cash flow, we do not include it in the cash flow forecast C) Tax loss carry backs allow corporations to take losses during the current year and use them to offset income in future years. D) Earnings are an accounting measure of firm performance.
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