1. Farm Fresh Vegetables, Inc. has net working capital of $3,400, net fixed assets of $30,100, current liabilities of $4,700, and long-term debt of $11,500. What is the value of the owners' equity?
$20,700
$22,000
$25,400
$17,300
$13,900
2. When net new borrowings are subtracted from the interest payments a firm pays to its creditors the result is called the:
a. cash flow to creditors.
b. change in net working capital.
c. free cash flow.
d. operating cash flow.
e. cash flow from assets.