Explain why a decrease in NWC is treated as a cash inflow rather than as an outflow?

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Explain why a decrease in NWC is treated as a cash inflow rather than as an outflow? Include in your discussion how changes in the working capital components are treated in the cash flow statement.
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Principles Of Managerial Finance

ISBN: 978-0136119463

13th Edition

Authors: Lawrence J. Gitman, Chad J. Zutter

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