For the quiz, I've completed questions 1, 2, 4, 5, and 10. I'am unable to figure out the other questions. The homework attachment is asking me to complete a statement of cash flows for the year ending 20X9 using the indirect approach to include the required supplemental information about cash paid for interest and taxes.

UMUC ACCT 221 Quiz 1 1. The date on which a cash dividend becomes a binding legal obligation is on the a. b. c. d. 2. Dividends are predominantly paid in a. b. c. d. 3. 4. $5 per share $1,000 in total $10,000 in total $.05 per share If a corporation issued $3,000,000 in bonds which pay 5% annual interest, what is the annual net cash cost of this borrowing if the income tax rate is 30%? a. b. c. d. $3,000,000 $45,000 $150,000 $105,000 A bond with a face value of $200,000 and a quoted price of 102 has a selling price of a. b. c. d. 6. earnings. property. cash. stock. Solaris, Inc. has 2,000 shares of 5%, $10 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31, 2014. What is the annual dividend on the preferred stock? a. b. c. d. 5. declaration date. date of record. payment date. last day of the fiscal year-end. $240,225. $204,025. $200,225. $204,250. On January 1, 2014, Meeks Corporation issued $5,000,000, 10year, 4% bonds at 102. Interest is payable semiannually on January 1 and July 1. The journal entry to record this transaction on January 1, 2014 is a. Cash........................................................................................ 5,000,000 Bonds Payable............................................................... 5,000,000 b. Cash........................................................................................ 5,100,000 Bonds Payable............................................................... 5,100,000 c. Premium on Bonds Payable................................................... 100,000 Cash........................................................................................ 5,000,000 Bonds Payable............................................................... 5,100,000 d. Cash........................................................................................ 5,100,000 Bonds Payable............................................................... 5,000,000 Premium on Bonds Payable.......................................... 100,000 7. Bay Company acquires 60, 8%, 5 year, $1,000 Community bonds on January 1, 2014 for $60,000. The journal entry to record this investment includes a debit to a. b. c. d. 8. Bay Company acquires 60, 8%, 5 year, $1,000 Community bonds on January 1, 2014 for $60,000. Assume Community pays interest on January 1 and July 1, and the July 1 entry was done correctly. The journal entry at December 31, 2014 would include a credit to a. b. c. d. 9. Debt Investments for $64,800. Debt Investments for $60,000. Cash for $60,000. Stock Investments for $60,000. Interest Receivable for $2,400. Interest Revenue for $4,800. Accrued Expense for $4,800. Interest Revenue for $2,400. Mize Company owns 30% interest in the stock of Lyte Corporation. During the year, Lyte pays $20,000 in dividends to Mize, and reports $300,000 in net income. Mize Company's investment in Lyte will increase Mizes net income by a. b. c. d. $6,000. $90,000. $96,000. $10,000. 10. In accounting for stock investments between 20% and 50%, the _______ method is used. a. b. c. d. consolidated statements controlling interest cost equity