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Question 16 Not yet answered Marked out of 1.00 Flag question Which of the following statements is/are correct? 1. The sale of stocks is also referred to as equity finance it. The sale of bonds is also referred to as debt finance o Only i O Bothi and ii are correct O Bothi and il are incorrect o Only ii Question 17 Not yet answered Marked out of 100 Flag question Which of the following statements reflects the operational position of the firm during a particular period? a. Income Statement O b. Statement of changes in owner's equity O c Statement of cash flows O d. Balance Sheet Question 18 Not yet answered Marked out of 1.00 Flag question Which of the following statement can help us understand the strength and weakness of the concern? O a. Income Statement O a O b. Statement of changes in owner's equity O c. Statement of cash flows O d. Balance Sheet