1. Earning a profit is the primary goal of working capital management.
A) True
B) False
2. Current assets include cash, receivables, land, and inventory.
A) True
B) False
3. Working capital is equal to the difference between current assets and current liabilites.
A) True
B) False
4. Working capital is used to pay current operating costs and expenses.
A) True
B) False
5. Treasury bills, CD's, and commercial paper are examples of marketable securities.
A) True
B) False