33 Which one of the following statements is correct? Points: 1 . Net working capital equals zero when current assets equal net fixed assets. B Net working capital is negative when current liabilities exceed cash. C Net working capital includes accounts from the statement of financial position. D Net working capital is positive when current assets are smaller than current liabilities. 32 Which one of the following statements is correct? Points: 1 (A Retained earnings is classified as a long term asset. B Current liabilities can be converted into cash within twelve months. C A patent is an example of an intangible liability. D Assets equal liabilities plus shareholders' equity