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Pascal PIERRE edited section_Building_a_Profitability_Valuation__.tex
almost 8 years ago
Commit id: dc7829bb485db21e37d03f44ee1706b381bab469
deletions | additions
diff --git a/section_Building_a_Profitability_Valuation__.tex b/section_Building_a_Profitability_Valuation__.tex
index fd17de8..f8662ac 100644
--- a/section_Building_a_Profitability_Valuation__.tex
+++ b/section_Building_a_Profitability_Valuation__.tex
...
FCFF_{t}=NOPAT_{t}+NetCapex_{t}+\bigtriangleup WC_{t}
\end{equation}
Where $NOPAT_{t}$ is the Net Operating Profit After Tax at time $t$ and $NetCapex_{t}$ are the Capital Expenditures Net of Depreciation
and $\bigtriangleup WC_{t}$ the change in non-cash Working Capital