Question 16 (4 points) Zoum Corporation had the following transactions during 2014: 1. Issued $125,000 of par value common stock for cash. 2. Recorded and paid wages expense of $60,000 3. Acquired land by issuing common stock of par value $50,000. 4. Declared and paid a cash dividend of $10,000 5. Sold a long-term investment (cost $3,000) for cash of $3,000. 6. Recorded cash sales of $400,000. 7. Bought inventory for cash of $160,000. 8. Acquired an investment in Zynga stock for cash of $21,000. 9. Converted bonds payable to common stock in the amount of $500,000. 10. Repaid a 6 year note payable in the amount of $220,000. What is the net cash provided by investing activities? a) $212,000 b) ($68,000). Oc) ($18,000). d) $432,000. Question 17 (4 points) Zoum Corporation had the following transactions during 2014 1. Issued $125,000 of par value common stock for cash. 2. Recorded and paid wages expense of $60,000. 3. Acquired land by issuing common stock of par value $50,000. 4. Declared and paid a cash dividend of $10,000. 5. Sold a long-term investment (cost $3,000) for cash of $3,000. 6. Recorded cash sales of $400,000. 7. Bought inventory for cash of $160,000. 8. Acquired an investment in Zynga stock for cash of $21,000. 9. Converted bonds payable to common stock in the amount of $500,000. 10. Repaid a 6 year note payable in the amount of $220,000. What is the net cash provided by operating activities? Oa) $305,000 b) $290,000. Oc) $240,000. Od) $180,000. Question 18 (4 points) Tito Corporation had net income of $2,000,000 and paid dividends to common stockholders of $500,000 in 2014. The weighted average number of shares outstanding in 2014 was 500,000 shares. Tito Corporation's common stock is selling for $50 per share on the NASDAQ. Tito Corporation's price-earnings ratio is a) 4 times. b) 10 times. c) 12.5 times. d) 3 times