0/0.34 pts Question 12 On May 1, 2020, a company issued a $10,000, 3%, note payable to purchase equipment. The note term is 10 months. Principal and interest are due at the time the note matures. Assume the company has a December 31 year-end. The journal entry on the note's maturity date, March 1, 2021, will credit Cash for $10,000. True O False Cash is credited for $10,250 ($10,000+ $200 + $50) Question 13 0/0.34 pts Below is select ratio information for Company A and Company B: Company A 2020 2019 2020 Debt Ratio 56% 49% 30% Times Interest 12.3 11.1 8.4 Earned All of the following are true except: Company A has more risk related to the amount of debt than Company B. O The higher the debt ratio, the more risk. Company A is better able to service their debt. Though Company B has a lower debt ratio, Company A has a better ability to cover interest payments. O Company A has a better ability to pay off liabilities than Company B. Company B 2019 28% 8.6