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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
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 5.81% per year. The firm cost of capital is 16.92%. If the firm was able to reduce its annual increase in working capital by 38.81%, What would be the effect on firm's value?. The firm Free Cash Flow and Working Capital for the year was 6.5M and 21.03M respectively NOTE: Provide your answer with 2 decimals. If your computation is 35.3778, you must answer 35.38
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