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Question 25 Which one of the following is not an ownership right of a stockholder in a corporation? To vote in the election of directors. To declare dividends on the common stock To share in assets upon liquidation To share in corporate earnings. Question 26 Assume that the E-Zip Corporation uses the indired method to depict cash flows, indicate where fatal land purchased for cash would be classified on the statement of cash flows Operating activities section Investing active section Financing activities section Do not represent a cash flow. Moving to another question will save this response. Question 27 Which of the following would not create a cash flow? Sale of equipment at book value Purchase of a delivery truck O Payment of a cash dividend The company converts bonds into common stock Question 28 Which of the following decreases when Cardinal purchases treasury stock? Cardinal's treasury shares Cardinal's outstanding shares Cardinal's issued Shares Cardinal's authorized Shares

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