Changes in the value of available-for-sale securities are reported as part of stockholders' equity are recognized on the income statement are not recognized are recognized on the income statement and as part of stockholders' equity

15. Below is budgeted production and sales information for Flushing Company for the month of December: Product XXX Product ZZZ Estimated beginning inventory 32,000 units 20,000 units Desired ending inventory 34,000 units 17,000 units Region I, anticipated sales 320,000 units 260,000 units Region II, anticipated sales 180,000 units 140,000 units The unit selling price for product XXX is $5 and for product ZZZ is $15.Budgeted production for product XXX during the month is a.534,000 units b.566,000 units c.502,000 units d.498,000 units

76. Which of the following is not true in regards to direct materials for a bakery? Flour and sugar would probably be direct materials. Oil to lubricate factory machines would not be a direct material. Paper cupcake liners, that become part of the product, must be accounted for as direct materials. Eggs would probably be a direct material.

92. ash paid to purchase long-term investments would be reported in the statement of cash flows in the cash flows from operating activities section the cash flows from financing activities section the cash flows from investing activities section a separate schedule

95. On the statement of cash flows, the cash flows from financing activities section would include receipts from the sale of investments payments for the acquisition of investments receipts from the issuance of capital stock receipts from a note receivable