Valuation for Related Parties Transactions

Water Cooler Investing
#1

Dear all,

please i need help on how to account for related parties transaction in DCF valuation ( Due from related parties)

should I treat them as a working capital or should i add them at the end of valuation when adding cash before reaching to the firm’s fair value

please answer

#2

if the related party transactions are trade in nature (not financing) then you include them in the WC. But if financing then you treat them differently

#3

Is there any paper that discusses this issue?