answer true false 26 and 56 all

28. True/False . . a) Aggressive finance strategy means Seasonal financial needs ST debt and Permanent funds need LT debt(T/f) B) Conservative finance strategy means the Business funds both the seasonal funds and permanent funds only with LT debt (T/F) C)Battle of FORMS means contract to sell is not defeated by wrong detail or form in court(T/F) DUniform Commercial Code means that all state business and contract laws are the same (T/F) E). Tax Shield in depreciationis positive figure of PV of annuality of depreciation x tax rate adds to revenue in NPV calculations (T/F) F). EBIT is Net income + Interest + Taxes (T/F) g) Time Value of MoneyTAX EFFECT(True/False) 1) Tax Shield is used on amortization and depreciation; tax rate x expense. FOR EXAMPLE Depreciation x .15=The tax shield is a benefit J)When tax rate is applied on no depreciation and amortization is 1-.15 = regular expenses 56. Inventory Inventory is in the possession of a third party under which of the following methods? Alls a terminal warehouse receipt. (T/F) B)Loan against warehouse goods not in third part possession but specially attached is lien(T/F). C)lf its not in a third part possession and not identified to specific goods, it's a floating lein.(T/F) D) If its identified to goods, it's a identified or attachment to warehouse goods or identifiable lien (T/F) E). Chattel mortgage is a mortgage attached to a movable asset such as a automobile. F)Trust receipt is a loan against in imported goods. G) Letter of Credit is promise to pay upon completion of acts such as importation of goods (T/F)