ACC 514 - Financial Accounting and Analysis A) C) Accpayable Dy Dividend II) La Company has provided the following data (in): Total December 31, 2022 were $177.000 Totes December 31, 2022 we 589,000 Cock December 31, 2022 was $21,000 Which of the following Blockbode equity at December 31, 2022 CyTalkoty D31,2822177.000 Dy December 31,2822 41.700 12) S officing the company's include Do Cand ACC 514-Financial Accounting and Analysis A) $141.000 2 D5259,500 United St A) Financial Accounting S C) Secmes and Exchange C Dy Public Company Act A) A C D) Aty 3 of 17 d on the balance sheet? 10) Which of the following accounts would not be reported on the 3 A) Retained eamings B) Inventory C) Accounts payable D) Dividends 11) Lorenta Company has provided the following data (ignore income tax 2022 revenues were $117,300. 2022 expenses were $47,800. Dividends declared and paid during 2022 totaled $9.500. Total assets at December 31, 2022 were $177,000. Total liabilities at December 31, 2022 were $89,000. Common stock at December 31, 2022 was $28,000. Which of the following is not correct? A) 2022 net income was $69,500. B) Total stockholders' equity at December 31, 2022 was SK8,000. C) Total liabilities and stockholders' equity at December 31, 2022 was $177,000. D) Retained eamings on December 31, 2022 were $41,700 12) Sources of financing for the company's economic resources include A) Assets and liabilities B) Common stock and retained eamings C) Liabilities and stockholders' equity. Dy Cash inflows and cash outflows. 13) Francis Corporation's retained earnings increased $187,500 last year and its asset increased $486,500. Francis declared a $39.500 cash dividend during the year. What was last year's net income? Version 1 ACC 514 - Financial Accounting and Analysis A) $145,000 B) $187.500 C) $227,000 D) $259,500 14) Which of the following has the legal authority to determine financial reporting in the United States? A) Financial Accounting Standards Board B) American Accounting Association C) Securities and Exchange Commission D) Public Company Accounting Oversight Board