True or False: Ideal conditions exist when everyone knows exactly what a company has paid for their assets and what the company uses for the interest rate in discounting all cash flows. a. Provide an explanation for your response to the above True/False question, explicitly using relevant course concepts. (3 marks) b. As discussed in class, what is unique about the way the statement of financial position will likely be presented under ideal conditions? Why would owners of a company want this type of presentation? (3 marks) c. Assuming that a company exists in near ideal conditions, why might the owners of a company not even want to employ the accounting methods we discussed for companies in ideal conditions