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11) Certified Auto Parts Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for 2017: provided by

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11) Certified Auto Parts Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for 2017: provided by operating activities: $109,000 Net cash Net cash used for investing activities: $(114,500) Net cash provided by financing activities: $16,000 If the cash balance at the beginning of the year was $13,200, what is the ending cash bala A) $10,500 B) $5,500 C) $13,200 D) $23,700 12) On June 30, 2017, Rangers, Inc. showed the following data on the equity section of their balance sheet: Stockholders' Equi Common Stock, $1 par; 197,000 shares authorized, 146,000 shares issued and outstanding Paid-In Capital in Excess of Par-Commorn Retained Earnings Total Stockholder's Equity $146,000 $263,000 On July 1, 2017, the company declared and distributed a 10% stock dividend. The market value of the stock at that time was $15 per share. Following this transaction, what is the total number of shares issued and outstanding? A) 146,000 B) 86,500 C) 297,300 D)160,600 13) On the date of record for a dividend, the company A) issues new shares of stock on that date B) disburses dividend payments to stockholders on that date C) determines who owns the shares of stock on that date

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