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    Fundamentals of Corporate Finance Study Set 24
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    Exam 20: Short-Term Financial Planning
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    Company Which Borrows $1 Million Long-Term and Invests the Proceeds
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Company Which Borrows $1 Million Long-Term and Invests the Proceeds

Question 52

Question 52

True/False

Company which borrows $1 million long-term and invests the proceeds in inventory will see a $1 million increase in its net working capital.

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