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    Intermediate Financial Management Study Set 2
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    Exam 13: Capital Budgeting: Cash Flows and Risk
  5. Question
    Changes in Net Operating Working Capital Do Not Need to Be
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Changes in Net Operating Working Capital Do Not Need to Be

Question 67

Question 67

True/False

Changes in net operating working capital do not need to be considered in capital budgeting cash flow analysis as long as the nominal (undiscounted) values of the changes are identical in each time period.

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