Question
A firm had after-tax income last year of $2.2 million. Its depreciation expenses were $0.3 million, and its total cash flow was $2.2 million. What
A firm had after-tax income last year of $2.2 million. Its depreciation expenses were $0.3 million, and its total cash flow was $2.2 million. What happened to net working capital during the year? (Enter your answer in millions rounded to 1 decimal place.)
Net Working Captial ______ million
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 10th Edition
1337902578, 978-1337902571
