Answer questions 5, 6, and 7

Which of the following statements is true? There is a no god reason for a firm to borrow money when it has cash to finance expansion The use of borrowed money always reduces a firm's return on owner's equality Financial leverage should not be considered when a firm borrows money Returns on owners equity is not an important financial calculation Under the right circumstances, the use of borrowed money can improve a fir's return on owners equity Chris and Kimberly white decided to buy new furniture for their bedroom. They spent considerable time shopping around, comparing prices and styles. Bedroom furniture is best classified as a product business specialty major equipment shopping convenience Trademarks and good will are both sources of revenue current assets fixed assets intangible assets