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6: A bondholder that owns a BD 10,000, 11%, 15-year bond has: a. The right to receive dividends BD 10,000 per year. b. Ownership rights

6: A bondholder that owns a BD 10,000, 11%, 15-year bond has: a. The right to receive dividends BD 10,000 per year. b. Ownership rights in the issuing company. c. The right to receive BD 10,000 at maturity. d. The right to receive BD 1,100 semiannually until maturity. QUESTION 7: All of the following statements are true regarding statement of cash flow except: a. Investing activities include transactions that affect issuance of commons stock. b. Non ash activities are investing and financing activities that do not affect cash flows. c. Investing activities include transactions and events that come from the purchase and sale of long-term assets. d. Financing activities include transactions that affect long-term liabilities and equity. QUESTION 8: The indirect method for preparation of the operating activities section of the statement of cash flows: a. Separately lists each major item of operating cash receipts. b. Must not be used in all circumstances. c. Separately lists each major items of operating cash payments. d. Reports net income and then adjust it for items necessary to determine net cash provided or used by operating activities

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