Attached is a word doc for my acct 2 class. it's only 9 questions that I'm having a hard time on

Which of the following would be considered a cash outflow in the investing activities section of the statement of cash flows? Question 1 options: A) Dividends paid to the company's own stockholders. B) Retirement of bonds payable. C) Purchase of equipment. D) Payment of interest to a lender. Which of the following should be classified as a financing activity on a statement of cash flows? Question 2 options: A) Selection A B) Selection B C) Selection C D) Selection D Variable cost: Question 3 options: A) increases on a per unit basis as the number of units produced increases. B) remains the same in total as production increases. C) remains constant on a per unit basis as the number of units produced increases. D) decreases on a per unit basis as the number of units produced increases. Vertical analysis is a technique which expresses each item within a financial statement . Question 4 options: A) in dollars and cents. B) in terms of a percentage of the item in the previous year. C) in terms of a percent of a base amount D) starting with the highest value down to the lowest value A process cost accounting system is most appropriate when Question 5 options: A) a variety of different products are produced, each one requiring different types of materials, labor, and overhead. B) the focus of attention is on a particular job or order. C) similar products are mass-produced. D) individual products are custom made to the specification of customers On a statement of cash flows, depreciation is treated as an adjustment to income because depreciation: Question 6 options: A) is a direct source of funds. B) reduces reported income but does not involve an outflow of funds. C) reduces reported income and involves an inflow of funds. D) is an inflow of funds to a reserve account for replacement of assets. . Which of the following financial ratios is not a measure of operating profitability? Question 7 options: A) Net Profit on Sales Ratio. B) Inventory Turnover Ratio. C) Return on Assets Ratio. D) Gross Profit Margin Ratio. Which of the following events are considered as extraordinary by the accounting profession? Question 8 options: Write-down or write-off of receivables, inventories, and intangible assets. Gains and losses on the disposal of a business segment. Effects of a strike, including those against competitors and major suppliers None of the above A Company uses a job order cost system and applies overhead based on estimated rates. The overhead application rate is based on total estimated overhead costs of $200,000 and direct labor hours of 50,000. For job 836, direct labor hours were 800. Question 9 options: A) Factory Overhead should be debited for $3,200. B) Factory Overhead should be credited for $3,200. . C) Overhead Expense should be debited for $3,200. D) Overhead Expense should be credited for $3,200 A comparative balance sheet for Alpha Company appears below: Alpha COMPANY Comparative Balance Sheet Dec. 31, 2015 Dec. 31, 2014 $ 23,000 18,000 27,000 6,000 -060,000 (18,000) $116,000 $10,000 14,000 18,000 9,000 18,000 32,000 (14,000) $87,000 Assets Cash Accounts receivable Inventory Prepaid expenses Long-term investments Equipment Accumulated depreciationequipment Total assets Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 17,000 37,000 40,000 22,000 $116,000 $ 7,000 47,000 23,000 10,000 $87,000 Additional information: 1. Net income for the year ending December 31, 2015 was $24,000. 2. Cash dividends of $12,000 were declared and paid during the year. 3. Long-term investments that had a cost of $18,000 were sold for $16,000. 4. Sales for 2015 were $150,000. Instructions Prepare a statement of cash flows for the year ended December 31, 2015, using the indirect method. A comparative balance sheet for Alpha Company appears below: Alpha COMPANY Comparative Balance Sheet Dec. 31, 2015 Dec. 31, 2014 $ 23,000 18,000 27,000 6,000 -060,000 (18,000) $116,000 $10,000 14,000 18,000 9,000 18,000 32,000 (14,000) $87,000 Assets Cash Accounts receivable Inventory Prepaid expenses Long-term investments Equipment Accumulated depreciationequipment Total assets Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 17,000 37,000 40,000 22,000 $116,000 $ 7,000 47,000 23,000 10,000 $87,000 Additional information: 1. Net income for the year ending December 31, 2015 was $24,000. 2. Cash dividends of $12,000 were declared and paid during the year. 3. Long-term investments that had a cost of $18,000 were sold for $16,000. 4. Sales for 2015 were $150,000. Instructions Prepare a statement of cash flows for the year ended December 31, 2015, using the indirect method