Question: Step 5: Forecast Increases in Net Working Capital Net working capital needs are $3,000 to start. Thereafter, NWC grows by 5% per year. Step 6:

 Step 5: Forecast Increases in Net Working Capital Net working capital

Step 5: Forecast Increases in Net Working Capital Net working capital needs are $3,000 to start. Thereafter, NWC grows by 5% per year. Step 6: Forecast Operating Cash Flows

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