Question 2 Which of the following statements are true? Financial statement analysis can help us determine why a firm's cash flows are increasing or decreasing Cash flows cannot be calculated from financial statements. The statement of cash flows has a section on future cash flows. Managments discussion and analysis is not a useful area for analysis, Question 3 What does the times interest-earned-ratio tell you? The higher the times-interest-earned ratio, the more comfortable a firm is in meeting its interest obligations The lower the times-interest-earned ratio, the more comfortable a firm is in meeting its interest obligations The times-interest-earned ratio tells you how much equity the firm has. The times-interest-earned ratio tells you how much assets the firm has