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Which of the following statements is TRUE? 1) Most projects will require the firm to invest in net working capital. II) The main components of
Which of the following statements is TRUE? 1) Most projects will require the firm to invest in net working capital. II) The main components of net working capital are cash, inventory, receivables, and property, plant and equipment III) ANWCt = NWCT - NWCt - 1. IV) In the final year of a project, the firm ultimately recovers the investment in net working capital. I and II only 1.III and IV only II, III and IV only All of above
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