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Home / Questions / A firm had after tax income last year of $12 million Its depreciation expenses were $4 mil...

A firm had after tax income last year of $12 million Its depreciation expenses were $4 million and its total cash flow was $12 million What happened to net working capital during the year

A firm had after-tax income last year of $1.2 million. Its depreciation expenses were $.4 million, and its total cash flow was $1.2 million. What happened to net working capital during the year?
 

May 21 2020 View more View Less

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