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 6.94% per year. The firm cost of capital is 17.49%. If the firm was able to reduce its annual increase in working capital by 31.01%, What would be the effect on firm's value?. The firm Free Cash Flow and Working Capital for the year was 3.14M and 20.04M respectively