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DF-Working Capital

This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.

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September 6, 2020 at 8:16 pm #583721
adarsh1997
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Hello,
In chapter 8, example 3, why the 10% working capital is in year 0 but not in year 1.
Thanks
September 7, 2020 at 9:40 am #583746
John Moffat
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Time 0 is the start of the first year and working capital is required at the start of the year.
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