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30) Preferred stock has some distinctly dieen chrasteriatics from the characteristics below is NOT related o preferred stoukY A) Its dividends may be paid at

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30) Preferred stock has some distinctly dieen chrasteriatics from the characteristics below is NOT related o preferred stoukY A) Its dividends may be paid at a fixed rate B) It has a higher priority for the distribution of assets than ceck C) It has a higher priority for the payment of dividends than mo stock D) t generally has voting rights 3) Which of the following would be included in cash flows from Cash received from customers operating activities B) Cash received from an issuance of bonds C) Cash dividends paid to stockholders. D) Cash used for purchases of equipment. method to determine its cash flow from operations. Which cash flow from operations? 32) The Viviana Co. uses the indirect of the following items will be subtracted from net income to find its A) Decrease in Supplies B) Increase in Accounts Payable. C) Depreciation Expense. D) Increase in Accounts Receivable. 33) A from this loan would be reported on the statement of cash flows as a: company loaned $1,000,000 with interest at 7% to another company. The interest revenue A) cash inflow from operating activities. B) cash inflow from investing activities. C) cash inflow from financing activities. D) noncash investing and/or financing activity 34) Which of the following is not needed to prepare a statement of cash flows? A) Statement of Retained Earnings B) Comparative balance sheets C) Additional data concerning selected accounts that increase and decrease as a result of investing and/or financing activities D) A complete income statement 35) Which of the following equations is correct? A) Change in cash- Change in noncash assets Change in liabilities+ Change in stockholders' equity Change in liabilities+ Change in stockholders' equity- Change in noncash B) Change in cash C) Change in cash assets Change in liabilities+ Change in stockholders' equity + Change in noncash D) Change in cash assets

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