QUESTION 34 Financial statements demonstrate that a company's tax rate does not change year to year. less liquid firms are more likely to experience financial distress. market value is the price of assets, liabilities or equity reported on a company's books. net working capital = current liabilities - current assets. the balance sheet identity is net income = revenues - expenses. QUESTION 35 One year ago, in April 2022, the Fed Funds Intended Rate was at 150 basis points. at 0.25 to 0.50%. nearly 15%. 5.00 to 5.25%. 300 basis points