51 Our company made the following journal entry when issuing bonds: 439 410 90,000,000 Cash Premium on bonds payable Bonds payable 5,000,000 85,000,000 How much cash do we need to pay off the bonds when they mature? B D $90,000,000 $95,000,000 $85,000,000 $80,000,000 151 52 Where on the statement of cash flows do we show "cash paid to suppliers"? A cash flows from operating activities indirect method) B cash flows from operating activities (direct method) cash flows from investing activities D cash flows from financing activites CA 467 53 We prepare our statement of cash flows using the indirect method. In the cash flows from operating activities sections, do we add or subtract for the following: (1) accounts payable increased during the period 12) prepaid insurance decreased during the period A add for (1) and subtract for (2) B add for (1) and add for (2) C subtract for (1) and add for (2) D subtract for (1) and subtract for (2) AGI AGS 54 Where on the statement of cash flows do we show "paid off bonds payable" A cash fows from operating activities B cash flows from investing activities cash flows from financing activites D nowhere. It does not go on the statement of cash flows 470 471 55 472 473 474 For a corporation, diluted earnings per share is shown on the face of which finandal statement? A Balance sheet Income statement Statement of cash flows D Statement of changes in stockholders" equity None of the other answers is correct E 56 472 40 A company has 20,000 shares of 5% 100 par non cumulative preferred stock authorized, 19,000 shares issued and 16,000 outstanding. This year, how much must be paid to preferred stock as a dividend before common stock can receive a dividend? A $100,000 B $80,000 C $95.000 D some other amount 57 Where on the statement of cash flows do we show "dedared a cash dividend"? A cash flows from operating activities B cash flows from investing activities C cash flows from firanding activites D nowhere. It does not go on the statement of cash flows 401 492 58 436 Under what circumstances could the diluted earnings per share be more than the basic earnings per share? A under no circumstances B If there are dilutive securities outstanding C If there are anti-dilutive securities outstanding D If there is convertible preferred stock outstanding 496