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Please indicate whether the following statements are true or false: In accounting, 'expenditures' is a synonym for 'expenses', and thus both terms mean the same. If the contribution is negative, the selling price is lower than the variable costs of a good. The law regulates exactly how ratios have to be calculated. That makes them easily comparable. Depreciation increases the gross profit. e Depreciation affects the income statement but not the balance sheet. Please indicate whether the following statements are true or false: By issuing bonds, a business raises equity capital. Usually only large companies issue bonds, and they usually do so, because the interest rate for bonds is usually lower than the interest rate for a bank loan. Bonds need to be repaid to the investors at a certain point in time. Issuing shares is usually considered to be long-term capital. If a company decides not to pay out dividends but retain its earnings, Ais represents an internal source of finance