A company expects capital expenditures and depreciation to continue to offset each other and for both net income and increases in working capital to grow at 8.21% per year. The firm cost of capital is 16.86%. If the firm was able to reduce its annual increase in working capital by 36.62%, What would be the effect on firm's value?. The firm Free Cash Flow and Working Capital for the year was 9.95M and 22.27M respectively