Comment critically on the following statements to indicate whether, or to what extent, they are correct: (a) Debt is a useful form of financing for a company as it can enhance returns to shareholders. Companies should ensure that they are financed by significant amounts of debt. (4 marks) Maximum 100 word limit for this part of the question. Please provide a statement of word count at the end of your answer to the part of the question 1 (b) Annual depreciation is an expense reflecting the fall in the market value of a non-current asset over the financial period. (4 marks) Maximum 100 word limit for this part of the question. Please provide a statement of word count at the end of your answer to the part of the question (c) In accounting, liabilities and equity are different (4 marks) Maximum 100 word limit for this part of the question. Please provide a statement of word count at the end of your answer to the part of the question (Total: 12 marks)