Please help me answer these true false questions. Could you include an explanation as well. Thank you!

1 rue False 0 1. Liabilities Assets - Owners equity 0 0 2. "Interest" more likely appears on an income statement than on a balance sheet. 0 0 3. Net income. Change in retained earnings = Dividends O 4, Total assets - Total liabilities = Net working capital 5. When calculating a change, the later value is subtracted from the earlier value. 0 6. "Snapshot" more likely refers to an income statement than to a balance sheet. 7. Depreciation is not treated as an operating expense. 8. Cash flow to owners = Cash flow from assets - Cash flow to creditors 9. Net income / Earnings per share = Number of shares outstanding 0 0 10. "Rearview mirror" more likely refers to finance than to accounting. O 0 O 0 11. If cash flow to owners is $20,000 and cash flow to creditors = $80,000, cash flow from assets > $80,000. 12. If long-term debt this year = $5000, long-term debt last year = $3500 and depreciation = $1000, capital spending $2000. 15. Free cash flow is synonymous with cash flow from assets. O 0 0 0 0 O 16. If EBIT - $10,000, depreciation = $5000 and taxes = $2000, operating cash flow