QUESTION 13 Interest expense is ignored when calculating the ANOCFt because O it is already taken into account in the MCC it is not a financing cost O it is associated with liabilities, not assets Actually, it is NOT ignored in the ANOCFt equation; the statement above is false. QUESTION 14 Net working capital refers to O capital used for the firm's information network total revenues o current assets not financed short term O the present value of cash inflows minus the ICO