Solvency ratios measure a companys ability to meet its debt obligations. True or False

Franchise rights are considered to be an identifiable intangible asset and must be amortized. True or False

Companies that have property, plant, and equipment that increase in market value should recognize a gain on the income statement in the period the increase in value occurs. True or False

All else being equal, a higher financial leverage will increase a companys debt rating and decrease the interest rate it must pay. True or False