A firm had after-tax income last year of $1.1 million. Its depreciation expenses were $0.5 million,...
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A firm had after-tax income last year of $1.1 million. Its depreciation expenses were $0.5 million, and its total cash flow was $1.1 million. What happened to net working capital during the year? Note: Enter your answer in millions rounded to 1 decimal place. Answer is complete but not entirely correct. Net working capital 0.4 million A firm had after-tax income last year of $1.1 million. Its depreciation expenses were $0.5 million, and its total cash flow was $1.1 million. What happened to net working capital during the year? Note: Enter your answer in millions rounded to 1 decimal place. Answer is complete but not entirely correct. Net working capital 0.4 million
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