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Why do we add back NWCInv in the Terminal Year after tax non-operating cash flow (TNOCF)

investalotinvestalot San Francisco, CAPosts: 8 Associate
The equation for TNOCF is:

TNOCF = SalT + NWCInv - T(SalT - B-T) 

Could someone explain to me why we add back NWCInv just so that I can conceptually understand the formula. 


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