1. Dixon Company has the following items recorded on its financial records: Available-for-sale debt securities $200,000 Prepaid expenses 400,000 Treasury stock 100,000 The total amount of the above items to be shown as assets on Dixons Balance Sheet is:

• A. $600,000

• B. $500,000

• C. $700,000

• D. $400,000

2. Cash provided/(used) by operating activities

• A. 439,500
• B. 415,500

• C. 286,500

• D. 427,500

3. Proceeds from sale of equipment

• A. 1,241,000

• B. 119,000

• C. 12,000

• D. 22,000

4.Cash provided/(used) by investing activities

• A. 238,000 cash outflow

• B. 250,000 cash outflow

• C. 284,000 cash outflow

• D. 272,000 cash outflow

5. Calculate dividends declared during 2018

• A. 130,000

• B. 140,000

• C. 147,000

• D. 17,000

6. Calculate cash provided/(used) by financing activities

• A. 25,500 outflow

• B. 155,500 outflow

• C. 155,500 inflow

• D. 8,500 outflow

(PLEASE SHOW WORK & EXPLAIN HOW)