Hello, I need help with these please.

QUESTION 13 A contingent liability that has a remote possibility of becoming an actual loss is not included in a note to the financial statements O True O False QUESTION 14 4 pe Which of the following statements about the times-interest-earmed ratio is true? O A lower ratio indicates a higher debt paying ability O Debt reduction leads to an increase in interest expense. O The times-interest-earned ratio is also called the interest-coverage ratio. O The times-interest-earned ratio is calculated by dividing gross income by interest expense. QUESTION 15 4 points Warranty Expense would be incluced in the operating expense section of the income statement. O True O False