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kodiak company 12/09 (a)

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October 18, 2016 at 6:07 pm #344770
vinty
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Why cash is deducted from net current assets to arrive at working capital?
October 18, 2016 at 7:50 pm #344794
John Moffat
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Because the whole point of the question is to prepare a cash flow projection – i.e. how much the cash balance will change.
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