Question: . (15 Points) - Answer the following Questions with either a True or False 1. The potential investment in a public utility is extremely risky.

 . (15 Points) - Answer the following Questions with either a

. (15 Points) - Answer the following Questions with either a True or False 1. The potential investment in a public utility is extremely risky. 2. Sustainable Income is different from Net Income as it estimates future earnings without the noise of unusual items. 3. Past Financial performance is a guarantee of future performance. 4. A current ratio of 10:1 indicates a high degree of liquidity. 5. Accounting Standards require that companies record marketable securit at Cost without regard to market price at the end of the accounting year

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