Venion A 17. One of the key changes A. True. in the 2017 Tax Cuts and Jobs Act is a decrease in the federal corporate tax rate B. False. 18,As a result of the 2017 tax reform, interest expense is 100% tax dedacable to th A. True. corporatio. B. False. 19. If a company raises more money from issaing new long term debt than it pays in interest expense in a particular period, its cash flow to creditors will be negative. A. Trae. B. False If a firm is reporting its income in accordance with generally accepted accounting principles, then its net income as reported on the income statement should be oqual to its free eash flow A. True. B. False 21 . If you invest $100 at 12% for three years, how much would you have at the end of 3 years using sinik intcrest? A. $136 B. $140.49 C. $240.18 D. S312 E. $400 22 All else equal, the higher the discount rate, the lower the present value. A. True B. False 23. All else equal, the lower the discount rate, the lower the future value. A. True B. False