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Question 1 2.5 pts Which one of the following is not a use of cash? O The payment of a loan of which was borrowed
Question 1 2.5 pts Which one of the following is not a use of cash? O The payment of a loan of which was borrowed in order to purchase a factory O The issuance of a stock dividend O Payments to suppliers O A payment to reduce long-term debtQuestion 2 2.5 pts 1*.i".p"hi~::h one of the following is a common use of the statement of cash flows by investors? C1 To determine if the company can generate enough cash to acquire another company C: To determine if the company can generate enough cash to pay cash dividends to stockholders C! To determine if the company can generate enough cash to pay its employees C! To determine if the company can generate enough cash to buy equipment Question 5 2.5 pts Watley Surf Shop provided the following information for the current year: Category Cost Proceeds from sale of equipment $120,000 Dividends paid to stockholders 16.000 Purchase of inventories on account 92,000 Borrowing a long-term loan 60,000 Loan principal payments made 14.000 Interest paid on loan payments 1,000 Purchase of land for cash 65,000 Payment for inventory previously 85.000 acquired on account Cash collected from customers 450,000 How much is the net cash provided/(used) by investing activities during the year? O $55,000 O $115,000 O $100,000 O $40,000
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