hanvinh

Thanks Chefe.. You have explained it well and just the way i was expecting the answers to be given.. Cheers!
@bizzies4bankers
Q1 has nothing to do with the cash conversion cycle or FCFF. I came across this question in QBank. We only had to tell the the effect of increase/decrease in Non Cash Operating NWC. No specific assets and liabilities accounts given.

Operating NWC = Cash + Receivables + Inventory  Payables
and
Non Cash Operating NWC = Receivables + Inventory  Payables