1. Is it possible for a companys book value to increase even if it endures a loss?

Yes, if it pays a dividend

Yes, if it issues new shares

Yes, if the profits tax rate falls

No

2. The depreciation allowance benefits a company because although it ________ profits, it ________ taxes.:

3. Group of answer choices

increases, increase

increases, decreases

decreases, decreases

decreases, increases

does not change, decreases