Question: 1. A patent is a productive asset for a technology-based firm. True False ************************ 2. Capital assets are generally short term in nature . A

1. A patent is a productive asset for a technology-based firm.

True False ************************

2. Capital assets are generally short term in nature

. A True B False ************************

3. The dollar difference between current assets and total liabilities is called working capital.

True False ************************

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