NO.PZ201601200500001302
问题如下：
2. Using Hernández’s initial financial predictions, the estimated terminal year after-tax non-operating cash flow is closest to:
选项：
A.€195,000.
B.€270,000.
C.€345,000.
解释：
C is correct.
The terminal year non-operating cash flow includes the after-tax salvage value and the recovery of net working capital = € 450,000 × (1 – 0.40) + € 75,000 = € 345,000.
(Note: Terminal year recovery of net working capital investment = Decrease in current assets – Decrease in current liabilities = € 200,000 – € 125,000 = € 75,000.)
为何asset和liability的下降在期末的计算里分别是正号和负号？
