Question: Question 18 (Mandatory) (3 points) Net working capital is defined as: The value of a firm's current assets Long-term fixed assets minus available cash Current

Question 18 (Mandatory) (3 points) Net working capital is defined as: The value of a firm's current assets Long-term fixed assets minus available cash Current assets minus current liabilities Total assets minus total liabilities Question 19 (Mandatory) (3 points) When assessing a new project, the financial manager should seek to identify which type of cash flows? All current and expected cash flows Expected incremental cash flows unique to the project The firm's operating cash flow Cash flows are not utilized in assessing a new project
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