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Which of the Following Statements Is FALSE

Question 27

Multiple Choice

Which of the following statements is FALSE?


A) Depreciation is not a cash expense paid by the firm.
B) Net Working Capital = Cash + Inventory + Payables - Receivables.
C) Prior to 2018,companies could "carry back" losses for two years and "carry forward" losses for 20 years.
D) Earnings do not represent real profits.

Correct Answer:

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