Companies need to have positive working capital to stay in business. True False Question 2 Cash can be increased by which of the following? Increasing Accounts Receivable Decreasing Inventory Decreasing Accounts Payable Question 3 XYZ Company has the following select financial statement information: Income Statement: Revenue $20,440. Cost of Goods Sold $12,775. Balance Sheet: Accounts Receivable $1,624. Inventory $2,170. Accounts Payable $770. Using the example in the Costco case (calculate the days individually for A/R, Inventory and A/P and net them together - also known as be entered as 43.4. If negative, use "-"). Use 365 days to calculate your average daily balances