10 & 11

Question 10 1 pts Select the correct statement. An annuity is a series of equal cash flows that eam interest annually An annuity is a series of equal cash flows occurring at equal time intervals. An annuity is an investment that earns interest annually. An annuity pays out increasing cash flows each year to the investor. Question 11 1 pts To common-size a balance sheet, all variables are restated as a percentage of net income percentage of total assets percentage of sales revenue. percentage of stockholders' equity