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koba

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tT
发表于 2013-4-5 23:12 | 只看该作者

EOC #13, reading 43...Working Cap Inv?

investment, overlooked, reading
May have overlooked it, but after staring at this problem for 10 minutes I could not figure out where -41 for working capital investment is coming from….anyone light shed on this would be appreciated. T-14….stay focused.
Thanks,
John

 

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invic

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发表于 2013-4-5 23:12 | 只看该作者
You will kick yourself!…I am sure you know this.
It is change in wc you want.
ca 08- 07 =326-201 =125
cl 08-07 = 141-57 = 84
so diff of 41 is wc investment, which you subtract along with Fcinv to get fcfe.
cap ex is easier as they state that.

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