Cash and debt in DCF
During calculating change in working capital while using FCFF method for DCF, why is cash and short term debt excluded?
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Yo dude you need to study a lot and don't ask such a basic question here. WSO is a forum for experienced professionals, not for students like you lol. Peace out.
they are not a part of the operating working capital. DCF calculates the value of the company's operations and cash and short term debt is not a part of the core operations of the business
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