1) Which of the following is an example of a cash flow from an operating activity in a Statement of Cash Flows? a) Receipt of cash from the sale of Capital Stock b) Payment of cash dividends to the company's stockholders c) The change in the Accounts Receivables of a company's beginning balance sheet & ending balance sheet. Purchase of Equipment 2) Which of the following is an example of a cash flow from a financing activity in a Statement of Cash Flows? a) Receipt of cash from the sale of land b) Receipt of cash from the sale of Capital Stock c) Purchase of Equipment d) The change in the Accounts Receivables of a company's beginning balance sheet & ending balance sheet. 3) The statement of cash flows classifies cash flow by these activities: a) operating & non-operating b) operating, investing & financing c) financing, operating & non-operating d) investing, operating & non-operating 4) ABC Corporation issues 1,000 shares of $10 par value Common Stock at $12 per share. When the transaction is recorded, Which of the following is correct: a) Common Stock $10,000 Retained Earnings $2,000 b) Common Stock c) Common Stock Additional Paid in Equity - Common Stock $12,000 $10,000 $2,000 d) None of the above 5) Which of the following Statement about Stock dividends is TRUE ? a) Stock Dividends reduces the company's cash b) A stock dididend has NO effect on total stockholders equity. c) A stock dididend increases total stockholders equity. d) A stock dididend decreases total stockholders equity. 6) Below A&B ABC Corporation opening retained earnings were $250,000 at 1/01/2019 Net income after taxes for the year ending 12/31/2019 was $150,000. ABC Corporation had issued 110,000 shares of common stock over the years, of which 105,000 are currently outstanding. It declared & paid a dividend of $.40 per share to the stockholders. 6A) What was the total dividend issued to shareholders for 2019 6B) What were the retained earnings of ABC Corporation at 12/31/2019? 7) Jackson Inc. had net income after taxes of $150,000 for 2019. It declared & paid a dividend of $.50 per share to 10,000 common shareholders, & the dividend to its 5,000 preferred $100 par, 6% preferred shareholders. What was the Common Shareholders Earn Per Share % for 2019 ??? a) $12.00 per share b) $11.50 per share c) $11.00 per share d) $15.00 per share