Dec 2012 Q#1

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November 7, 2017 at 10:44 pm #414761
Ema
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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
November 8, 2017 at 9:24 am #414806
John Moffat
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There is no mention of any working capital being needed in the question. So how could you bring it in? 🙂
November 8, 2017 at 3:28 pm #414874
Ema
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Oops! sorry i miss read it
Thanks 🙂
November 9, 2017 at 8:56 am #414953
John Moffat
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You are welcome 🙂
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