The accountant for Candies Inc. is preparing the statement of cash flows for the year ending December 31, 2017 Dung 2017 Candies Inc. pard Zachery Construction Company $135 million for a new plast. During 2017 e following changes to the balance sheet occurred for Candles the cash decreased by $353000. Accounts Receivable increased by $321800, Inventory increased by $275,300. Property Plant and Equipment increased by 5753400, and Bonds Payable increased by $2 million. The net cash flow provided by financing activities is: Ano 5751400 O An out of 5350.000 Dees Hair Salon began operations on November 1, 2018; during November, the hair salon had the following transactions 1 Issued common stock to owners in exchange for $12,000 cash. 2. Purchased $3,000 of equipment, paying $600 cash and signing a promissory note for $2.400 3. Received $5.400 in cash for hair coloring services performed in November 4. Purchased $900 of supplies on account, all of the supplies were used in November 5. Provided hair coloring services on account in the amount of $9,600. 6. Paid $450 on account 7. Paid $1,800 to employees for work performed during November 8. Received a bill for utilities for November of $2,050, the bill remains unpaid. What is the total expenses that will be reported on the income statement for the month ended November? Multiple Choice $2,250. Oo oo 54750 Bobcat Corporation has outstanding 12.50 million shares of $5.50 par common stock and 23 million shares of $530 par preferred stock. The preferred stock has an 11% dividend rate. The company declares $430,000 in total dividends for the year. Which of the following is correct if the preferred stockholders only have a current dividend preference? Multiple Choice Preferred stockholders will receive the entire $430,000, but will receive nothing more relating to this dividend declaration Common stockholders will receive nothing O O Preferred stockholders will receive $47,300 or 11% of the total dividends. Common stockholders will receive the remaining $382,700. O Preferred stockholders will receive the entire $430,000, and they must also be paid $153,000 sometime in the future before common stockholders will receive anything O Preferred stockholders will receive the entire $430,000, and they must also be paid $153,000 before the end of the current accounting period. Common stockholders will receive nothing Bobcat Corporation uses a periodic inventory system and has the following information in regard to its inventory $3,800 6,000 Beginning inventory Purchase on January 25 Purchase on March 15 Purchase on October 2 Goods available for sale 200 units @ 19 300 units @ 20 200 units @ 21 400 units @ 22 4.200 8.800 22 800 There are 550 units in ending inventory. What is the amount of the ending inventory using the FIFO method? Multiple Choice O $8,800 O $9,800 O $11,950 O $3,800 A supplier signs an agreement to lend one of its customers $200,000 to be repaid in one year at 5% interest. The supplier would record this transaction as: Multiple Choice C) Notes Payable o o O Accounts Receivable O Uneamed Revenue o ( Notes Receivable