Net capital spending is equal to O a. Operating cash flow minus cash flow from assets minus additions to net working capital. O b. The change in net fixed assets minus depreciation. . Total cash flow to stockholders' less interest and dividends paid. Net income plus depreciation. O d. O e. The change in net working capital. Cash flow from assets is best described as: a. Operating cash flows. b. Dividends paid out by a firm less net new equity raised. C. A firm's interest payments to creditors less net new borrowings. O d. The sum of cash flow to bondholders and shareholders O e. The net difference between total assets and total liabilities. Which of the following are characteristics of a liquid asset? Provide high yields. a. Ob. There is a significant loss in value if sold. . Can be converted into cash quickly, with little or no loss in value, and generally earn low returns. Are highly specialized equipment. O d. Include the firm's shares and bonds. e