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- 2011-7-11
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Changes in Working Captial (FCF, WCInv)
| When I think about working capital, and in turn WCInv, the term used in the FCFF & FCFE formulas, I always think about the change in current assets and current liabilities. But it seems like the calculation of WCInv excludes changes in cash, and ST debt. Any other current assets/liabilities excluded from the WCInv calculation? |
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发表于 2011-7-11 19:30
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