1 Cash involved in financing activities includes cash ________. collected from customers paid for land paid for interest paid for dividends

2. A company has 2,000 shares of $100 par, 6%, noncumulative preferred stock outstanding. If the board of directors declares a dividend this year, how much will the preferred shareholders receive? $100 per share $6 per share $200,000 in total $60 per share

3. During the year, Team Shirts, Inc. had net cash from operating activities of $50,000; it paid $20,000 in dividends; it purchased equipment for $30,000; and it purchased office supplies for $10,000. Free cash flow for the year was ________. $0 $(10,000) $10,000 $100,000

4. Team Shirts issued 20,000 shares of $2 par value stock for $20 per share. This transaction increased Cash $400,000 and increased Additional paid-in capital ________. $400,000 $0 $380,000 $360,000

5. If a company were to manipulate the statement of cash flows to please analysts, it would most likely report cash received ________. from the sale of stock as cash from the sale of intangible assets from the sale of intangible assets as cash from the sale of capital assets from loans as cash collected from customers from the sale of land as cash received from the issuance of stock