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please show all work 2. (5 points) Company Present, Inc. plans to invest in a new division. Free cash flows are estimated and reported as
please show all work
2. (5 points) Company Present, Inc. plans to invest in a new division. Free cash flows are estimated and reported as follows. ((Unit: Millions) 4 Years Free Cash flows 0 -6,000 1 2,000 3 2.000 5 3,000 2,000 2,000 The company has made a mistake without including change in working capital in above free cash flow estimation. The working capital related information is reported in following table. 0 4 3 0 5 0 Years Accounts Receivable Inventory Accounts Payable 0 600 200 1 200 0 0 2 600 200 400 0 0 400 200 400 0 0 What is the change in working capital year by year? Update free cash flows for years of 0 to 5 by including change in working capitalStep by Step Solution
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