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Author Question: Net working capital is equal to gross working capital minus depreciation. Indicate whether the ... (Read 123 times)

shenderson6

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  • Posts: 573
on: Jul 11, 2018
Net working capital is equal to gross working capital minus depreciation.
 
  Indicate whether the statement is true or false

Question 2

Which of the following is NOT true regarding mortgaged-backed securities (MBS)?
 
  A) The MBS process allows the mortgage bank or other financial institution that made the
  original mortgage loan to get its money back out of the loan and lend it to someone else.
  B) Securitization provides liquidity to the mortgage market and makes it possible for banks to
  loan more money to home buyers.
  C) MBS are sold to investors who can hold them as an investment or resell them to other
  investors.
  D) All of the above statements are true.
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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jgranad15

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Reply #1 on: Jul 11, 2018
Answer to Question 1

FALSE

Answer to Question 2

D


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