Question
Year 1 2 3 Current Assets $4,000 6,328 7,570 Current Liabilities $2,000 3,223 6,826 What is the amount and direction of the effect on Cash
| Year | 1 | 2 | 3 |
| Current Assets | $4,000 | 6,328 | 7,570 |
| Current Liabilities | $2,000 | 3,223 | 6,826 |
What is the amount and direction of the effect on Cash Flow due to the change in Net Working Capital from year 2 to 3?
A positive answer indicates the change in NWC provides cash; a negative answer indicates the change in NWC uses cash.
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The Handbook For Investment Committee Members
Authors: Russell L. Olson
1st Edition
0471719781, 978-0471719786
