Question
The level of working capital is 10% of sales. If a company decreases sales from $2 million to $1.5 million, what is the cash flow
The level of working capital is 10% of sales. If a company decreases sales from $2 million to $1.5 million, what is the cash flow associated with working capital for the year?
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Fundamentals Of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
5th Edition
1119795435, 978-1119795438
