In the examples used in this chapter, we assumed that a firm would recover all of the working capital it invested in a project. Is this a reasonable assumption? When might it be not valid?
1. Reference article
Swedroe, L. (2011, October 4). The accuracy of experts forecasts. CBS News: MoneyWatch. Retrieved from http://www.cbsnews.com/8301-505123_162-37843020/the-accuracy-of-experts-forecasts/
2. Complete 150 word discussion question
Answer following;
In the examples used in this chapter, we assumed that a firm would recover all of the working capital it invested in a project. Is this a reasonable assumption? When might it be not valid?
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