make sure answers are ALL RIGHT!!

6. Using the straight line method of bond premium amortization, if $100,000 face amount of bonds are issued for $120,000 cash and the bonds mature in 20 years from the date of issuance, how much is the ANNUAL bond premium amortization? A. 100,000 B. 80,000 C. 20,000 D. 1,000 E. None of the above 7. If $100,000 of bonds are issued for $98,000 cash, what is the carrying value of the bonds at the date of issuance? A. 100,000 B. 102,000 C. 98,000 D. 2,000 E. None of the above 8. At March 31, 2018, if the balance in Bonds Payable is $3,000,000 and the balance in Unamortized Discount on Bonds Payable (Discount on Bonds Payable) is $100,000, what is the amount for the carrying value of the bonds at March 31, 2018? A 3,100,000 B. 3,000,000 C. 2,900,000 D. 100,000 E. None of the above 9. If $1,000 face amount of bonds are issued at a price of 97, the cost of the bonds is? A. 97 B. 970 C. 1,000 D. 1,020 E. None of the above Paragraph Questions 11-15 are based on the fact statement directly below: CAROL COMPANY INCOME STATEMENT For the Year Ended December 31, 2018 Sales $7,000,000 Cost of goods sold Beginning inventory $2,000,000 Purchases 5,000,000 sh (United States) a e 10. The two promises which a bond issuer makes to the buyer of its bonds are A. To repay to the buyer the face amount of the bond at issue date and to pay the buyer in cash interest on the face amount of the bond at the stated rate from the issue date until maturity. B. To repay to the buyer the face amount of the bond at issue date and to pay the buyer in cash interest on the face amount of the bond at the market rate from the issue date until maturity. C. To repay to the buyer the face amount of the bond at maturity date and to pay the buyer in cash interest on the face amount of the bond at the stated rate from the issue date until maturity. D. To repay to the buyer the face amount of the bond at maturity date and to pay the buyer in cash interest on the face amount of the bond at the market rate from the issue date until maturity E. None of the above nited States Goods available for sale $7,000,000 Ending inventory 3,000,000 Cost of goods sold 4,000,000 Gross Profit 3,000,000 Operating expenses Selling expenses $1,000,000 Administrative expenses 500,000 1,500,000 $1,500,000 Net income Additional information 1. Accounts receivable increased by $100,000 during the year 2. Prepaid expenses decreased by $200,000 during the year. 3. Accounts payable to suppliers of merchandise decreased by $200,000 during the year 4. Accrued expenses payable increased $100,000 during the year 5. Administrative expenses includes depreciation expense of $400,000 11. What is the change in inventory from the beginning of 2016 to the end of 2013? A. 2,000,000 B. 3,000,000 C. 1,000,000 increase D. 1,000,000 decrease E. None of the above 12. Using the indirect method, what is the amount for net cash flow from operating activities? A. 600, 000 net cash provided by operating activities B. (600,000) net cash used by operating activities C. 1,600,000 net cash provided by operating activities D. 2,100,000 net cash provided by operating activities E. None of the above Cash Flow from Operating Activities: Net Income 2. Depreciation Adjustments Accounts Receivable Inventory 8. Prepaid Expenses Accounts Payable Accrued Expenses Net Cash Flow from Operating Activities 13. In the statement of cash flows, in which section is the cash receipt from the issuance of common stock reported? A. Operating Activities B. Investing Activities C. Financing Activities D. Schedule of Noncash Transactions E. None of the above 14. In the statement of cash flows, in which section is the cash payment of dividends reported? A. Operating Activities B. Investing Activities C. Financing Activities D. Schedule of Noncash Transactions E. None of the above Paragraph Styles 15. In the statement of cash flows, in which section is the cash payment of income taxes reported? A. Operating Activities B. Investing Activities C. Financing Activities D. Schedule of Noncash Transactions E. None of the above Paragraph 16. In the statement of cash flows, in which section is the Cash purchase of merchandise inventory reported? A. Operating Activities B. Investing Activities C. Financing Activities D. Schedule of Noncash Transactions E. None of the above Mac Act AaB Paragraph 17. In the statement of cash flows, in which section is the cash payment of reported A. Operating Activities B. Investing Activities C. Financing Activities D. Schedule of Noncash Transactions E. None of the above 18. In the statement of cash flows, in which section is the cash received from borrowing money reported A. Operating Activities B. Investing Activities C. Financing Activities D. Schedule of Noncash Transactions E. None of the above Paragraph 19. In the statement of cash flows, in which section is the cash receipt from the sale of land reported? A. Operating Activities B. Investing Activities C. Financing Activities D. Schedule of Noncash Transactions E. None of the above 20. In the statement of cash flows, in which section is cash receipt from interest income reported? A. Operating Activities B. Investing Activities C. Financing Activities D. Schedule of Noncash Transactions E. None of the above