4. Tucker, Inc.'s net sales decreased from $90,000 in year one to $45,000 in year two, and its cost of goods sold decreased from $30,000 in year one to $20,000 in year two. The vertical analysis based on sales for cost of goods sold for the two periods (rounded to nearest tenth of a percent) is A. 33.3% and 44.4% B. 225% and 300% C. 44 4% and 33.3%. D. 300% and 225% than depreciation. a company's operating expenses for the year were $335,000. Prepaid expenses decreased by $7.000 Cash payments for operating expenses to be reported on the cash flow statement using the direct method are A. $342,000 B. $328,000. C. $7,000 D. $335,000, 6. A business wanting to incorporate must file articles of imcorporation with A. the local government B. the federal govemment C. any state in which they will do busimess D. the state office dealing with incorporation 7. Motor Works, Inc has declared a $20,000 cash dividend to shareholders. The company has 5,000 shares of $15-par, 10% preferred stock and 10,000 shares of $20-par common stock The preferred stock is cumulative. How much will be dis stributed to the preferred and common stockholders on the date of payment if the preferred stock is $8,000 in arrears? A. $20,000 preferted 50 common B. $15,500 prefesred, $4.500 common C. $7,500 prefeted, $12,500 common D. $8,000 prefetted $12 000 common 8. When a cosmpany sells off part of its busaness, thus transaction is reported in a/ the A discontunced operatious section B. contmung operatzots section D. extracedinary steans