Which of the Following Statements Is False

question 18

Multiple Choice

Which of the following statements is false?

• A) Most projects will require the firm to invest in net working capital.
• B) The main components of net working capital are cash, inventory, receivables, and property, plant and equipment.
• C) ΔNWC_t = NWC_t - NWC_{t - 1.}
• D) In the final year of a project, the firm ultimately recovers the investment in net working capital.

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