
- UID
- 223404
- 帖子
- 321
- 主题
- 23
- 注册时间
- 2011-7-11
- 最后登录
- 2014-7-31
|
Should point out that when working on capital budingeting decisions you are dealing with AFTER TAX CASH FLOWS. Therefore, the NWCInv you use DOES NOT include cash or short-term debt.
To summarize, you do NOT include Cash or Short Term Debt in your NWCInc calculation for FCFE or Capital Budgeting. |
|