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Forums › ACCA Forums › ACCA FM Financial Management Forums › December 2010 exam
Hello,
In the first exercise of december 2010, I do not understand how we arrive to a working capital of 11 for the year 1, 12 for the year 2, 12 for the year 3 and 13 for the year 4.
Can someone explain me how we get these figures?
Thanks
Inflate the working capital then just take the incremental year on year
