Which one of the following statements is most likely true?
A) Accounts payable is normally a cash inflow at the beginning of a project.
B) Net working capital is the same as current assets.
C) The inventory required for a project is normally sold at a huge discount at the end of the project.
D) The net working capital required by a project is normally constant over the life of the project in actual business circumstances.
E) Any increase in accounts receivable by a project should be counted as a cash inflow.
Correct Answer:
Verified
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