Fundamentals of Corporate Finance (4th Edition) (Berk, DeMarzo & Harford, The Corporate Finance Series)
Fundamentals of Corporate Finance (4th Edition) (Berk, DeMarzo & Harford, The Corporate Finance Series)
4th Edition
ISBN: 9780134475561
Author: Jonathan Berk, Peter DeMarzo, Jarrad Harford
Publisher: PEARSON
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Chapter 9, Problem 5CT
Summary Introduction

Net Working Capital: Net working capital is the variance between current assets and current liability. Net working capital represents the amount of current assets available to fulfill day to day needs of the business.

To determine:

The effect of net working capital on cash flows of a project.

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