16. The daily financial operations of a firm are primarily controlled by managing the: A. total debt level. B. working capital. C. capital structure. D. capital budget. E. long-term liabilities. 17. The balance sheet of Retailers, Inc. has the following balances: Ending Balance Beginning Balance Cash S21,400 S16,800 S47,400 S52,300 Accounts receivable $77,400 Inventory S83,800 $211,600 $203,800 Net fixed assets Accounts payable $54,900 S56,900 Long-term debt S170,000 S185,000 What is the amount of the change in net working capital? A. -S8,100 B. -$7,400 C. $7,700 D. $8,000 E. $8,100 18. Use the following tax table to answer this question: Taxable Income Tax Rate