Explain the difference between working capital and net working capital, and discuss why managers employ net present value (NPV) analysis to evaluate domestic and international capital investment projects.
What will be an ideal response?
Question 2
The difference between the balances of the current and capital accounts of a country's balance of payments caused by errors in recording methods is called a(n) ________.
A) round-off error
B) type I error
C) currency crisis
D) statistical discrepancy