9. Assuming all else remains unchanged, discuss whether each of the following actions is a source or use of cash and whether the transaction constitutes operating, investing or financing activity providing a justification for your choice. a. Company's treasury stock increased from $326 million to $420 million during the year. b. Inventory at the end of the year was $237 million higher than at the beginning of the year. c. Accounts payables increased by $130 million. d. Company issued preferred stock with Ifface value of $765 million. Q10. "The S Corporation offers its owners the best of both worlds; a partnership and a corporation." First, describe the key characteristics of an S Corporation and next explain why the preceding statement is correct. Q11. Explain why the quick ratio is regarded as a superior measure of liquidity when compared to the current ratio? Your discussion should include twe reasons