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Why is a change in net working capital almost always positive at the end of the project? A. taxes, a cash expense, are less. B.
Why is a change in net working capital almost always positive at the end of the project?
A. taxes, a cash expense, are less. B. Depreciation, a non-cash expense, is less. C. Management has usually "tightened up operations." D. Working capital (for example, inventory) can be converted to cash.
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