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I have 3 questions I need help with; 1. Discretionary financing needed is equal to the predicted change in total assets minus the change in

I have 3 questions I need help with;

1. Discretionary financing needed is equal to the predicted change in total assets minus the change in retained earnings

True or False

2. The term structure of interest rates usually indicates that longer terms to maturity have higher expected returns

True or False

3. Seasonality is introduced into financial ratios by averaging monthly account balances, and thus it is recommended that ending account balances be used

True or False

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