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The data given below are from the accounting records of the Kuhn Corporation: Net Income (accrual basis) Depreciation Expense Decrease in Accounts Payable Decrease in

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The data given below are from the accounting records of the Kuhn Corporation: Net Income (accrual basis) Depreciation Expense Decrease in Accounts Payable Decrease in Inventory Increase in Bonds Payable Sale of Common Stock for cash Increase in Accounts Receivable $50,000 $11,500 $ 2,750 $ 3,250 $12,500 $30,500 $ 5,000 Based on this information, the net cash provided by (used in) operating activities using the indirect method would be: Multiple Choice $69,500 $65,750 $62,500 Klutz Dance Studio had net income of $189,000 for the year just ended. Klutz collected the following additional information to prepare its statement of cash flows for the year: $ 29,500 $ 16,500 $103,000 Decrease in accounts receivable Increase in accounts payable Increase in retained earnings Cash paid for purchase of new music equipment Depreciation expense $ 25,500 $ 6,100 Klutz uses the indirect method to prepare its statement of cash flows. What is Klutz's net cash provided by (used in) operating activities? Multiple Choice $225700 $225,700 ooo $111,500 $149,100 Naumann Corporation produces and sells a single product. Data concerning that product appear below: Selling price Variable expenses Contribution margin Per Unit $ 200 40 $ 160 Percent of Sales 100% 20% 80% Fixed expenses are $120,000 per month. The company is currently selling 1,300 units per month. Required: Management is considering using a new component that would increase the unit variable cost by $49. Since the new component would improve the company's product, the marketing manager predicts that monthly sales would increase by 500 units. What should be the overall effect on the company's monthly net operating income of this change if fixed expenses are unaffected? (Negative amount should be indicated by a minus sign.) Change in net operating income

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