Change in WC impact on cash balance in LBO
In a simplified LBO model (e.g. where change in working capital is a % of revenue), should this change be reflected in the cash balance when calculating equity value? Presumably, some but not all of this would be held in cash.
thanks!
Et quia necessitatibus explicabo sit. Dolor sit aliquid dignissimos et iure. Fugiat omnis quo nesciunt explicabo explicabo facere tempore.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...