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- 2011-7-11
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In the FCFF/FCFE formulas you are subtracting NWC.
WC = CA - CL
NWC = Change in CA - Change in CL
NWC = (change in AR (could be plus or minus) + change in Inv (could be plus or minus) + .... )
- (change in AP (could be plus or minus) + ....) |
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发表于 2011-7-13 15:31
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