this is incredible content along with all your other videos about this book. One little thing: on question 13, you don't use the same 2017E discount factor for terminal value because 2017E discount factor uses mid year convention but terminal value is calculated using Exit Multiple Method which doesn't need mid year convention applied to it.
Thank you so much for this beautifully explained course and questions. One question, how an increase in inventory will affect cash if it was purchased on credit? Tahnk you so much.
