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) Anew Health Care Company reports net income of $190,000 and Depreciation Expense of $19,000 for the year ending December 31, 2019. No long-term assets

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) Anew Health Care Company reports net income of $190,000 and Depreciation Expense of $19,000 for the year ending December 31, 2019. No long-term assets were sold or exchanged during 2019. They also have the following data available: December 31, 2018 December 31, 2019 $75,000 105,000 $28,000 $157,000 $95,000 $280,000 Current Assets: Cash Accounts Receivable Inventory Total Current Assets 67,000 $247,000 $35,000 $54,000 35,000 Current Liabilities: 87,000 Accounts Payable $122,000 Salaries Payable $89,000 Total Current Liabilities Using the indirect method, what is the net cash provided by operating activities for the year ending D) $96,000 December 31, 2019? C) $58,000 B) $181,000 A) $124,000 6) On January 1, 2019, Anthony Corporation issued $600,000 of 4%, 5-year bonds at 99, with interest paid annually. Using the straight-line amortization method, what is the carrying value of the bonds one yea later on January 1, 2020? (Round any intermediary calculations to two decimal places and your final an D) $594,000 to the nearest dollar.) B) $595,200 C) $598,800 A) $604,861 7) How does the declaration of a cash dividend affect the accounting equation? A) increase to liabilities and a decrease to stockholders' equity B) increase to liabilities and a decrease to assets C) increase to stockholders' equity and a decrease to assets D) increase to assets and a decrease to liabilities 8) Which of the following transactions would be recorded under accrual accounting but NOT under ca accounting? B) issuing stock for cash A) collecting cash from customers D) borrowing money from the bank C) purchasing of inventory on account 9) Wetzel, Inc. has 10,000 shares of cumulative preferred stock outstanding, with annual dividends rate of $5 per share. Wetzel, Inc. also has 40,000 shares of common stock outstanding. Preferred di are in arrears from the prior year and the number of shares remained the same for this year and la Wetzel, Inc. declares a $600,000 dividend in the current year, each outstanding share of common would receive: (Round your answer to the nearest cent.) A) $15.00 D) $12. B) $13.75 C) $5.00

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