Equity Value from Firm Value

Quick Question: #57 In CFA AM Mock. I got the Firm Value from FCFF method. great. To get the Equity Value, they subtract LT Debt from FCFF. OK, what about Current Liabilities? Do we just pretend they aren’t there? WTF?

you used that # to calculate the WCInv - so it is non-interest bearing debt. So you do not use that for firm value.