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  1. business
  2. accounting
  3. a firm had after-tax income last year of $2.6 mill

A firm had after-tax income last year of $2.6 million. Its depreciation expenses were $0.2...

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Accounting

A firm had after-tax income last year of $2.6 million. Its depreciation expenses were $0.2 million, and its total cash flow was $2.6 million. What happened to net working capital during the year?

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