U Question 2 0.2 pts What is the like reason for long-term assets' values to be understated by the balance sheet? Balance sheet shows and at purchase price O Balance sheet shows and at market price Balance sheet shows appraisal value Balance sheet shows market price per share D Question 3 0.2 pts If the accumulated depreciation recorded on the balance sheet for 2018 and 2019 is $150 and $200 respectively. What is the depreciation on the income statement for 2019? O 50 200 100 O 150 D Question 4 0.2 pts of the retained earning at the end of 2018 is $100. In 2019, the company has a net income of $50 and a dividend payout of $30. What is the retained earning at the end of 2019? 100 O 150 O 20 120 U Question 5 0.2 pts If a company's long term debt increases by $100. What happens to its cash? O no change O decrease $100 Increase $100 1416