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Which of the following statements is TRUE? a. Increasing the investment Net Operating Working Capital will decrease the free cash flow of a project in

Which of the following statements is TRUE?

a. Increasing the investment Net Operating Working Capital will decrease the free cash flow of a project in that period.

b. Decreasing Gross Profit margins (Revenues Cost of Goods Sold) will always decrease the NPV of a project.

c. Short Term Debt is included in the calculation of Net Operating Working Capital.

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