Question 27 (1 point) Total assets are $60,000, total liabilities, $30,000, and share capital is $20,000; therefore, retained earnings is $5,000. True False Question 28 (1 point) Low-cost debt must be chosen carefully as it may increase overall risk of the firm True False Question 29 (1 point) To determine cost of common stock, the firm must be very rigid to pricing and performance demands of current and future stockholders True False