total capital = NWCinv + Net Fixed Assets
= BV long term debt + BV equity
then you do a Schweser mock I apply the second expression and it’s wrong… they just use something which is new for me: “adjusted capital base”
What is it?
total capital = NWCinv + Net Fixed Assets
= BV long term debt + BV equity
then you do a Schweser mock I apply the second expression and it’s wrong… they just use something which is new for me: “adjusted capital base”
What is it?