1. A positive working capital need is typical of a firm operating in the distribution sector (a) True (b) False 2. If the balance sheet is presented by term in a decreasing format, the cash equation...

1. A positive working capital need is typical of a firm operating in the distribution sector (a) True (b) False

2. If the balance sheet is presented by term in a decreasing format, the cash equation and the three related concepts (working capital, working capital need and net cash) cannot be computed (a) True (b) False