Question 7 Not yet answered Marked out of 2.00 P Flag question Which of the following rights do common stockholders typically not have? Select one: O A. Right to participate in additional issues of stock O O B. Right to receive dividends at a predetermined rate C. Right to receive the final distribution of assets in liquidation after prior claims have been settled D. Right to vote and the right to elect the board of directors Question 8 Not yet answered Marked out of 2.00 P Flag question Demi Inc. has an accrual basis net loss of $40,000 in 2019 and the following related items: Depreciation expense $33,000 Accounts receivable decrease 24,000 Inventory increase 18,000 Accounts payable increase 9,000 Accrued liabilities increase 15.000 How much is Demi's net cash flow from operating activities in 2019? Select one: O A. $(39,000) O B. $(12,000) O C. $ 3,000 o D. $105,000 Question 9 Not yet answered Marked out of 2.00 P Flag question If a company issues 10,000 shares of $8 par value common stock at a market price of $120 per share, which of the following is the correct balance sheet entry? Select one: A. Increase cash by $1,200,000 and increase paid in capital by $1,200,000 O B. Increase revenues by $1,200,000 O C. Increase common stock and cash by $80,000 O D. Increase cash by $1,200,000 and increase retained earnings by $1,200,000