Guys,
I cant understand the reason for excluding cash and notes in the NWC calculation.
The motivation in the CFAI books is weak and there is almost any explanation.
maybe cuz its not NWC, it’s just short term assets/liabs
Guys,
I cant understand the reason for excluding cash and notes in the NWC calculation.
The motivation in the CFAI books is weak and there is almost any explanation.
maybe cuz its not NWC, it’s just short term assets/liabs