Question: 9) Which statement about Net Working Capital is FALSE? a. Net working capital is best represented by the difference between short term assets and short

9) Which statement about Net Working Capital is FALSE? a. Net working capital is best represented by the difference between short term assets and short term liabilities b. Since net working capital is recovered at the end of a project, we do not depreciate it c. Net working capital typically increases net present value calculations d. Changes to net working capital are not subject to taxes
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