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i need help wirh qestions 3-5 and 9-15 Question 3 1 pts (TRUE or FALSE?) Preferred stock pays dividends at an increasing or decreasing rate,

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Question 3 1 pts (TRUE or FALSE?) Preferred stock pays dividends at an increasing or decreasing rate, which means that the firm can increase or decrease the dividend rate, regardless of whether the firm's earnings increase or decrease. O True False Question 4 1 pts (TRUE or FALSE?) If an asset is depreciable, the amount of depreciation shown on the balance sheet does not necessarily reflect the actual loss of economic value. O True False Question 5 1 pts (TRUE or FALSE?) An asset's liquidity has two dimensions: (1) the speed and ease with which the asset can be sold and (2) whether the asset can be sold without loss of value. True False Question 6 1 pts (TRUE or FALSE?) Net income = Revenues - Expenses. True False Question 9 1 pts (TRUE or FALSE?) If common stock dividends are not paid, the firm is typically required to pay dividends that have been skipped in the past before they can pay dividends to preferred stockholders. True False Question 10 1 pts (TRUE or FALSE?) The treasury stock account represents stock that the firm has sold to bondholders. True False Question 11 1 pts (TRUE or FALSE?) An increase in bonds and private placement debt is a use of cash. True O False Question 12 1 pts (TRUE or FALSE?) If a company sells fixed assets during the year, it decreases cash because it must use cash to pay for the selling. True O False Question 13 1 pts (TRUE or FALSE?) For most businesses, the largest cash expenses are depreciation and amortization of short-term assets. True False Question 14 1 pts (TRUE or FALSE?) Depreciation affects the balance sheet through the accumulated depreciation account. True O False Question 15 1 pts (TRUE or FALSE?) Total Stockholder's equity - Total assets - Total liabilities. True False

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