10. (7 points) Answer TRUE-FALSE to the following statements i) Credit Analysts tend to derive MOST information in their analysis from the Statement of Consolidated Equity ii) Equity Analysts tend to derive MOST information in their analysis from the Balance Sheet iii) For financial assets classified as trading securities, unrealized gains and losses are reflected in shareholders' equity through income into retained earnings. iv) Minority interest in consolidated subsidiaries is presented on the balance sheet in the shareholders' equity section. v) Changes on the Balance Sheet from Quarter to Quarter (i.e. New Debt issued) will impact the market value of the company's outstanding bonds vi) In a rising inflationary environment it is more PROFITABLE to use LIFO inventory accounting instead of FIFO vii) Software Development costs for a beta (pre-released) version of the software are expensed when they occur