One can never get enough FCFF/FCFE practice...

Thanks to ruckmani for explaining part 1. I was aware that C and D (cash and notes payables) are not WCInv items for FCFE but couldn’t rule them out for sure. Isn’t the wording of the question confusing?

i got A&B… why dont u guys just memroize the formulas?

more than confusing the questions really force you to stop in your tracks and think hard about the underlying concept. I guess that is why they have allocated 3 mins per question

3 minutes per question because its in vignette format!

wwhat does NB stand for?

NB - net borrowing.

dinesh.sundrani Wrote: ------------------------------------------------------- > NB - net borrowing. o. i always called it net debt…