1.

Which of the following items is regarded as a cash flow from operating activities?

A) Cash dividends paid

B) Proceeds from sale of equipment which resulted to a gain

C) Proceeds from sale of equipment which resulted to a loss

D) Interest paid on long-term debtined

5.

When the contribution margin per unit increases assuming all other factors remain constant. The effect would be

A) An increase in sales price

B) A decrease in fixed cost

C) An increase in break-even point in units

D) A decrease in break-even point in units

10.

The amortization of premium on bonds payable will _____________ the net income.

A) increase

B) decrease

C) not affect

D) offset

Please explain the answers.

I need answers of these with clear explanation then i will give you thumbs up as appreciation. Direct answer will have thumbs down from me for sure.