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Label each as an

Investing expense

Operating expense

Financing expense

Horizontal analysis compares a financial statement line item in the current year with the same I True False A corporation has 100,000 shares of 4% preferred stock outstanding. Also, there are 100,000 shares of common stock outstanding. Par value for each is $100. If an $825,000 dividend is paid, what is the amount of dividends per share on common stock? A. $8.25 B. $4.25 C. $4.33 D. $0.33 E. None of these Trend percentages are a form of horizontal analysis. O True False Zebra Company reports the following figures for the years ending December 31, 2019 and 2018: Net Sales Cost of Goods Sold Gross Profit 2019 $63,000 42,000 $21,000 2018 $41,000 35,000 $6,000 What are the percentage changes from 2018 to 2019 for Net Sales, Cost of Goods Sold and Gross Profit, respectively? (Round your final answers to one decimal place, XXV) A, B. C. 0 D. 53.7%, 20%, 250% 100%, 0.8%, 0.3% 100%, 250%, 20% 250%, 53.7%, 20% Cape Corporation paid $20 per share to purchase 400 shares of its common stock as treasury stock. The stock was originally issued at $14 per share. Which of the following would be the journal entry that Cape would make to record the purchase of the treasury stock? Journal Entry Date Debit Credit Treasury Stock Retained Earnings 2,400 Cash 8,000 Journal Entry Date Debit Credit Treasury Stock Paid-in Capital in Excess of Par Cash 8,000 Journal Entry Debit Common Stock 8,000 D. Journal Entry Date Debit Credit Treasury Stock Cash 8,000 For the period from 2019 to 2020, a company reports the following: Percentage change in sales Percentage change in cost of goods sold Percentage change in gross profit 30% increase 20% increase 25% increase If sales are $7,000,000 in 2019, what are sales in 2020? O A. $2,100,000 B. $7,000,000 O c. $8,750,000 OD. $9,100,000 Nekich Company reports the following sales figures(in millions): Year Net Sales 2015 $104 2016 $107 2017 $109 2018 $110 2019 $114 2020 $99 What is the trend percentage in 2020 if 2015 is the base year? (Round your final answer to the nearest whole percentage) OA, 95% B. 87% C. 93% OD, 90% Classify each of the following as an operating activity, an investing activity, or a financing activity as reported on the statement of cash flows prepared using the indirect method a. Issuance of stock b. Borrowing long-term c.Sales revenue d.Payment of dividends e. Purchase of land with cash f.Purchase of treasury stock g. Paying bonds payable h. Interest expense .Sale of equipment Cost of goods sold .Purchase of another company with cash . Making a loan