a. Why is it important to consider changes in net working capital in developing cash flows? What

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a. Why is it important to consider changes in net working capital in developing cash flows? What is the effect of doing so?

b. How is depreciation calculated for fixed assets under current tax law? What effect do expected salvage value and estimated economic life have on the calculated depreciation deduction?

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Essentials Of Corporate Finance

ISBN: 9781265414962

11th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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