13. Cash Flows and Working Capital. A firm had after-tax income last year of $1.2 million. Its...
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13. Cash Flows and Working Capital. A firm had after-tax income last year of $1.2 million. Its depreciation expenses were $.4 million, and its total cash flow was $1.2 million. What hap- pened to net working capital during the year? (LO4)
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Fundamentals Of Corporate Finance
ISBN: 9780073382302
6th Edition
Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus
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