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Mr. Dubey • 100.69K Points
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Q. Which of the following statements is most correct?

  • (A) investment in working capital must be depreciated over the project life according to a straight-line method.
  • (B) if a project incurs an operating loss (a negative taxable income) during a typical tax year, the firm pays no income taxes during that year.
  • (C) whenever a project requires an investment in working capital, the profitability of the project will be affected negatively.
  • (D) all of the above
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