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The Little Book of Valuation: How to Value a Company, Pick a Stock and Profit (Little Books. Big Profits), by Aswath Damodaran

Adding the net capital expenditures to the change in non-cash working capital yields the total reinvestment.

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The Little Book of Valuation: How to Value a Company, Pick a Stock and Profit (Little Books. Big Profits)

The Little Book of Valuation: How to Value a Company, Pick a Stock and Profit (Little Books. Big Profits)

by Aswath Damodaran

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