Examlex
Which of the following statements is not true?
Sunk Cost
Costs that have already been incurred and cannot be recovered or changed, and thus should not affect future business decisions.
Salvage Value
The anticipated residual value of an asset after it has been fully depreciated and is no longer in use.
Net Working Capital
The variance between a corporation's current assets and its current debts, highlighting its short-term financial status.
Operating Cash Flow
Operating Cash Flow is the cash generated from the normal operations of a business, reflecting its ability to generate sufficient positive cash flow to maintain and grow its operations.
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