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Mock Q51-Afternoon FCFE Calculation
Hello,
I do not get the FCFE calculation in Q51, especially the WC and the net borrowing part.
CFAI includes Cash in WCInv calculation and subtracts increase of notes paybles from net borrowings. That's not how I would calculate FCFE. Any opinions on that?
Regards,
sehens |
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发表于 2011-7-13 16:27
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