1. What is the difference between EBIT and NOPLAT?
2. Why is it important to understand and manage net working capital?
3. What does CAPX mean, and why is it a firm's engine of growth?
4. Why is it sometimes assumed that CAPX equals de- preciation in the later stages of a project? How does expected inflation affect this assumption?
5. What is the terminal value of a project? How is it calculated?
6. What is meant by the cannibalization of an export market?
7. What are the primary sources of value to IWPI-U.S. in establishing a Spanish subsidiary?