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Dear Sir
How do we know whether to add back the working capital at the end of the period or not?
example june 13 Q1 HDW Co
Regards
Richard Scully
We always assume that working capital is recovered at the end of the projects life unless either the question says otherwise, or unless the question says that the machine will be replaced (in which case the working capital will still be needed).
Have you not watched my free lectures on this? 🙂
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