Question: 1. What is net operating working capital? Why does it exclude most short-term investments and notes payable? 2. What is total net operating capital? Why
1. What is net operating working capital? Why does it exclude most short-term investments and notes payable?
2. What is total net operating capital? Why is it important for managers to calculate a companys capital requirements?
3. What is free cash flow? What are its five uses? Why is FCF important?
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