g: net income, $124.000 and depreciati pany's curent assets and current liabilities showed the follow s receivable decreased $9,400: merchandise inventory in provided or used by opera $18,000, and accunactivities: A) S123,200. B) $159,200. C)s178,000. D) S118,000. E)148,800. 7) Stormer Company reports the following amounts on its statement of tinancing activities was $12.000used in investing activities was $10,000 and net cash used A) S55,000. BS45.000. )S11,000. D31.00 E6,00. 8) Of the following, which one affects cash during a period? 18,000; and accounts payable increased $3,400. Calculate the net cash cash flow: Net cash provided the ending cash bal If the beginning cash balance is $5,000, what fs A) Writing off an uncollectible account receivable B) An adjusting entry recognizing the expiration of C) The declaration of a stock dividend. D) The declaration of a cash dividend. prepaid insurance The payment of interest expense a 9) Investing activities do not include the: accrued in a previous accounting period A) Lending and collecting on notes receivable. B) Purchase of plant assets. D)J Sale of shonttem investments other than cash equivalents. E) Issuance of common stock. 10) When using the indirect method which of the following is subtracted from net income? to calculate and report net cash provided or used by operating activities, A) Bad debts expense. B) Amortization of intangible assets. C) Decrease in merchandise inventory D) Decrease in income taxes payable. E) Depreciation expense. Page 2 of 3