[sam]

okay fine Thankyou 🙂

[sam]

Appreciated Sir I got that it would not happen next time 😮

now regarding the above question it means we donot have to worry about what examiner did and we just have recover the working caplital after the end of the project?

[sam]

i have 1more question in Past ppr june 2013 q:1 regarding working capital cash flows it says in the q:
Initial invstmnt in Wc is $500,000.
Investmnt in Wc will be subject to general rate of inflation which is expected to be 4.7% per year.

Wc requirement ($000)

In T0 ($500)
T1 $ (523.5)
T2 $ (548.1)
T3 $ (574)

Wc c.flows ($000)
In T0 ($500)
T1 $ (24)
T2 $ (25)
T3 $ (26)
T4 $ (27) why? ?
In T4 it Wc is recoverd fully usually why its not 574 positive in T4 ? ?

[sam]

Many Thanks Mr.John 🙂

[Author]

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