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Dec 2012 Q#1

EEma8y ago
Sir , I am confused a bit in this question in that why at the time of calculating NPV the examiner did not included the Working capital. Why? Thanks
John MoffatJohn MoffatTutor8y ago#1
There is no mention of any working capital being needed in the question. So how could you bring it in? :-)
EEma8y ago#2
Oops! sorry i miss read it Thanks :)
John MoffatJohn MoffatTutor8y ago#3
You are welcome :-)
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