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Problem:

Hillman Corporation reported current assets of $3,495,055 for the year ending December 31, 2011 and current assets of $3,103,839 for the year ending December 31, 2010. Current liabilities for the firm were $2,867,225 and $2,760,124 at the end of 2011 and 2010 respectively.

Required:

Question: Compute the cash flow invested in net working capital at Hillman Corporation during 2011.

Note: Please explain comprehensively and give step by step solution.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91149133

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