Question: 2. Changes in net working capital (NWC) are considered in computing the cash flows of a project because A. NWC is an expense, and it

2. Changes in net working capital (NWC) are considered in computing the cash flows of a project because A. NWC is an expense, and it must be accounted for. B. NWC is an income and therefore must be accounted for C. NWC is neither an income nor an expense, and therefore should not be considered in the cash flow of a project. D. NWC is an investment that requires money to be tied up that could be used somewhere else. E. None of the choices above is correct

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