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Which of the following statements about net working capital (NWC) is correct? NWC excludes inventory, which is deemed illiquid. As NWC decreases, potential liquidity increases.

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Which of the following statements about net working capital (NWC) is correct? NWC excludes inventory, which is deemed illiquid. As NWC decreases, potential liquidity increases. NWC is positive for all firms. NWC is negative if current liabilities exceed current assets. How much can be accumulated for retirement if $2,000 is put aside at the end of each of the next 40 years? Assume that you can earn 9% a year on your savings. : (Keep two decimal ditgits in your final answer)

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