Q.67 Shefheld Consulting started the year with total assets of $59800 and total liabilities of $15100. During the year, the business recorded

$47400 in catering revenues and $29900 in expenses. Sheffeld issued stock of $9400 and paid dividends of $14500 during the year.

Stockholders' equity changed by what amount from the beginning of the year to the end of the year?

Options:

$3300.

$9100.

$44700.

$12400.

Q.71 pleasan Compant hs decided t bei accumulating a fund for plant expansion. The company deposited $80,000 in a fund on

January 2, 2019. Pleasant will also deposit $40,000 annually at the end of each year, starting in 2019. The fund pays interest at 4%

compounded annually.

What is the balance of the fund at the end of 2023 (after the 2023 deposit)? (Round answers to 2 decimal places, e.g. 2552.75.)

Fund Balance at 12-31-23$

Q.70 Bramble Shop had a balance in the Accounts Receivable account of $757000 at the beginning of the year and a balance of $863000 at the end of the year. Net credit sales during the year amounted to $5913000. The average collection period of the receivables in terms of days was

(Round intermediate calculation to 3 decimal places, e.g. 1.235 and final answer to 1 decimal places e.g. 0.5)

Choices:

50.0 days.

3.7 days.

46.7 days.

47.6 days.

Q.63 Which of the following is not an operating activity?

Options:

Payment to suppliers

Payment of taxes

Payment of a cash dividend

Dividends received