Question 11, 12 and 26

QUESTION 11 Which of the following asset lists are all long-term assets? a. Building, cash, supplies b. Patent, inventory, cash c. Building, land, patents d. Land, supplies, patent QUESTION 12 Recording depreciation: a, increases net income, decreases cash flows, decreases the book value of fixed assets. b. decreases net income, increases cash flows, increases the book value of fixed assets. c. has no effect on net income, decreases cash flow, decreases the book value of fixed assets. d. decreases net income, has no effect on cash flows, decreases the book value of fixed assets. QUESTION 26 2 For the third quarter of 2021, how much did Amazon's net income (bottom line) change in comparison to one year ago? This question is comparing 3rd quarter of this year with 3rd quarter of last year. Hint: Do a search on third quarter Amazon earnings to find the answer for two points of extra credit Decreased 50% Increased 50% Decreased 5% Increased 5%