8. (9 points) Circle TRUE or FALSE and briefly explain your answer ONLY if FA a) An increase in the "Account Payable" balance between the beginning and ending of a period of time (such as a year) contributes positively to the cash flow from operations for the period. i. TRUE ii FALSE b) Because the costs of both debt and equity increase when debt is substituted for equity in a fim's capital structure, the weighted average cost of capital will also increase as the firm uses more of its debt capacity i. TRUE ii. FALSE Under CAPM the expected rate of return on any applicable asset will always be greater than the risk-free rate. c) i. TRUE ii. FALSE