I have an hour for this quiz. please respond to this: i will be adding a generous tip to this answer

1) On June 23, 20x8, Mikhal Cosmetics sold $250,000 worth of its products to Rynex Corporation payment from rynex was received on September 20. The goods were shipped to Rynex on July 2. The firm's accountants should recognize the sale on June 23, 2008. July 2, 2008. September 20, 2008. none of the above 2--During the last year, Sigma Co had Net Income of $153, paid $16 in dividends, and sold new stock for $40. Beginning equity for the year was $630. Ending equity was 3--The following items are components of a traditional balance sheet. How much are the total assets of the firm? Plant and equipment 41200 Common stock 15000 Cash 7100 Inventory 22100 Bad debt reserve 6000 Additional paid in capital 6000 Accumulated depreciation 28300 Accounts receivable 22000 4-- Brighton Corp. bought an oil rig exactly 6 years ago for $105,000,000. Brighton depreciates oil rigs straight line over 10 years assuming no salvage value. The rig was just sold to British Petroleum for $35,000,000. What Capital Gain/Loss will Brighton report on this transaction? 5--Walker Corporation conducted the following activities during 2001: (1) they sold 10,000 shares of their own stock for $19.00 per share; (2) they issued bonds for which they received $498,000; (3) they paid dividends to their stockholders totaling $81,000; (4) they sold a piece of equipment for $50,000 that they were carrying on their books for $20,000; (5) they earned net income of $140,000. What would be shown on the Statement of Cash Flows for \"Cash from financing activities\" based on the information above? 6---Given the following selected information on Cicalese's Chocolate, Inc., calculate Cash Flow from Operating Activities for 2001. Dec 31 20x0 Dec 31 20x1 EAT 60 000 700 000 Depreciation Exp. 100 000 150 000 Dividends 400 000 550 000 Accounts Receivable 1 500 000 2 000 000 Inventory 3 500 000 2 000 000 Long-Term Debt 2 300 000 3 000 000 Common Stock 2 200 000 2 500 000 Retained Earnings 6 150 000 6 350 000 Accts. Payable/Accr. 350 000 500 000 7---Cameron Balance Sheet Accounts Payable 35 Accounts Receivable 57 Accumulated Depreciation (175) Cash 34 Common Stock 120 Fixed Assets (gross) 390 Inventory 130 Long-Term Debt 200 Retained Earnings 65 What is Cameron Inc.'s Net Working Capital? 8-- A firm's current ratio is 1.8, and its quick ratio is 1.0. If its current liabilities are $13,400, what are its inventories? 9flying tigers has net sales of 705 000 and accounts receivables of 151 000. What is the firms accounts receivables turnover: give answer up to two decimal places 10--- Reagan corp has reported a net income of 816 900 for the year: share prices is 12.42, share outstanding 324 620: compute the firms price)earnings ratio up to two decimal places 11--- you purchased a property of 30 000 nine years ago and sold it today for 83 190: what was the annual rate of return on your investment 12--- first national bank has agreed to lend you 30 000 today but you must repay 42 135 in 3 years: what is the rate the bank is charging you 13 percent 12 percent 11 percent 10 percent 13---- the florida lottery agrees to pay the winner 256 000 at the end of each year for the next 20 years. What is the future value of this prize if each payment is put in an account earning 0.08 14---- Iris balance sheet Accounts payable and accruals 65 Accounts receivable 55 Accumulated depreciation (175) Cash 28 Common stock 120 Fixed assets 390 Inventory 121 Long-term debt 200 Retained earnings 65 What is iris inc assets 14---- iris income statement Cost of goods sold 320 Depreciation expense 35 Interest expense 20 Operational expense excluding depreciation 115 Sales 780 What was iris inc earnings before interest and taxes EBIT