The target debt ratio is always used in FCFE = NI - [(1-DR)Net FCInv.] - [(1-DR)WCInv.], correct?
Hence the point of why this formula comes with the label “Used to forecast”.
The target debt ratio is always used in FCFE = NI - [(1-DR)Net FCInv.] - [(1-DR)WCInv.], correct?
Hence the point of why this formula comes with the label “Used to forecast”.