Any idea how the people at Scottrade come up with their values for Change in Working Capital from the Stmt. of Cash Flows that they provide? I don’t see how this figure can be completly different from my extremely simple calculation.
Hey trevor, i worked for scottrade way back when. Trust me, no one at scottrade is putting those numbers together. They likely use a 3rd party information service provider such as reuters or capital iQ. you can probably find this on the scottrade website somewhere and then visit the information providers site for an explanation.
Thanks. I’ll check it out.