The change in net working capital-regardless of whether an increase or decrease-is not taxable because it merely involves a net buildup or net reduction of current accounts.

Name: The change in net working capital-regardless of whether an increase or decrease-is not taxable because it merely involves a net buildup or net reduction of current accounts.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The change in net working capital involves only current accounts and is not considered taxable.

The Change in Net Working Capital-Regardless of Whether an Increase