How do you calculate the level of net working capital (NWC)? What is the value of NWC at the end of Year 0, 1, and 6?
When calculating incremental unlevered net income, should we include all the expenses mentioned in the case? If not, what expenses should we exclude and why. Is there a big jump of unlevered net income from Year 5 to Year 6? Why? How do you calculate the level of net working capital (NWC)? What is the […]