Question
A firm had after-tax income last year of $3.6 million. Its depreciation expenses were $0.2 million, and its total cash flow was $3.6 million. What
A firm had after-tax income last year of $3.6 million. Its depreciation expenses were $0.2 million, and its total cash flow was $3.6 million. What happened to net working capital during the year?(Enter your answer in millions rounded to 1 decimal place.
working capital_________millions
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Public Finance and Public Policy
Authors: Jonathan Gruber
4th edition
1429278455, 978-1429278454
