15 Select Answer: 16 17 Select Answer: Select Answer: On a cash flow statement using the Indirect Method, how would noncash expenses such as depreciation, depletion and amortization be treated? A. subtract depreciation from the net income figure B. add back the depreciation to the net income figure C. subtract depreciation from the cash flows from investing D. subtract depreciation from cash flows from financing Name a characteristic of preferred stock. A. Only preferred stockholders are allowed to vote for the board of directors. B. Preferred stockholders are required to receive a dividend every year. C. Preferred stockholders receive a fixed dividend amount or percentage. D. If the corporation liquidates, only the common shareholders will receive proceeds. Donna borrowed $400,000 from Bank of America on a 6% 30-year installment loan with monthly payments. How would the payment be determined? A. Multiply $400,000 times the interest factor for 30 years at 6%. B. Multiply $400,000 times the interest factor for 30 years at 1/2%. C. Divide $400,000 by the interest factor for 30 years at 1/2%. D. Divide $400,000 by the interest factor for 30 years at 1%