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Stephen Widberg.
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tinkle
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Dear Sir, I hope you are doing good.
Could you please help me understand what in the question have I missed such that the answer working doesn’t include any adjustments for the acquired and disposed of subsidiary and finds the movement directly by subtracting opening and closing balances of working capital
Stephen Widberg
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Question does not mention the balances of the sub bought / sold, so there is nothing to adjust in working capital. We are only preparing the operating section of the CF in the first requirement. Does that make sense?
tinkle
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