My boss at internship wants me to make a DCF detailing how much the company I work for is worth. Stuck on one part - I have Change in Net Working Capital for future years as a percentage of revenue but he says this is incorrect. What is the best way to project this out? For reference, this is at a software company with almost no COGS/inventory/CapEx etc
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I will Venmo $20 to anyone who can explain this in a way that makes sense.
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