I need help with this multiplechoice quiz. It is due monday.

Description / Instructions: Week 5 Practice Quiz Question 1 Which of the following is an operating activity? a. Making a loan to another entity b. Payment of a cash dividend c. Sale of equipment d. Payment of interest Answer: Question 2 Which is an example of a cash flow from an investing activity? a. Payment of cash to repurchase outstanding capital stock b. Receipt of cash from the sale of equipment c. Receipt of cash from the issuance of bonds payable d. Payment of cash to suppliers for inventory Answer: Question 3 Hanover, Inc. purchased land through the issuance of long-term bonds. How is this reported on the statement of cash flows? a. Investing inflow b. Financing outflow c. Significant noncash investing and financing activity that merits disclosure d. Operating activity Answer: Question 4 Under the indirect method of preparing the statement of cash flows, which of the following is added to net income in the operating activities section? a. Gain on sale of equipment b. Increase in accounts receivable c. Decrease in accounts payable d. Depreciation expense Answer: Question 5 In what section of the statement of cash flows will the issuance of bonds payable to acquire a building be reported? a. Cash flows from operating activities b. Cash flows from investing activities c. Noncash investing and financing activities d. Cash flows from financing activities Answer: Question 6 Which of the following items is reported in the operating activities section of a statement of cash flows prepared using the direct method? a. Cash payments to suppliers b. Loss on sale of building c. Increase in accounts receivable d. Depreciation expense Answer: Question 7 In horizontal analysis of a balance sheet, of what amount is each item expressed as a percentage? a. Current year stockholders' equity amount b. Current year total assets amount c. Base-year amount d. Current year net income amount Answer: Question 8 The following schedule is a display of what type of analysis? Amount Percent Current assets Property, plant, and equipment $200,000 600,000 25% 75% Total assets $800,000 100% a. Vertical analysis b. Ratio analysis c. Horizontal analysis d. Trend analysis Answer: Question 9 Ceradyne, Inc. presented the following data for a company: Current liabilities Long-term debt Common stock Retained earnings Total liabilities & stockholders' equity $360 480 640 520 $2,000 How would common stock appear on a common size balance sheet using vertical analysis? a. 55.1% b. 75.0% c. Cannot be determined from the data given d. 32.0% Answer: Question 10 Use the following financial statement information as of the end of each year to answer this question. Inventory Current assets Total assets Current liabilities Total liabilities Total stockholders' equity Preferred stock Net sales Cost of goods sold Net income Tax expense Interest expense Dividends paid to preferred stockholders Dividends paid to common shareholders Compute the profit margin for 2017. a. 11.7% b. 4.3% c. 8.9% d. 8.4% Answer: 2017 $54,000 81,000 392,000 27,000 102,000 290,000 10,000 784,000 306,000 34,000 22,000 12,000 2,000 1,000 2016 $48,000 106,000 336,000 36,000 88,000 248,000 10,000 697,000 277,000 90,000 18,000 12,000 2,000 1,000