A company reported that its bonds with a par value of $50,000 and a carrying value of $64,500 are retired for $69,000 cash, resulting in a loss of $4,500. The amount to be reported under cash flows from financing activities is:

Multiple Choice

• $14,500.

• $(14,500).

• $(4,500).

• $(69,000).

• $(64,500).

A company has 39,000 shares of common stock outstanding. The stockholders' equity applicable to common shares is $479,700, and the par value per common share is $10. The book value per share is:

Multiple Choice

• $10.00.

• $2.30.

• $12.30.

• $0.08.

• $47.97.