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1. The following are all Sections of the Cash flow statement except

A. Cash flow from Operating Activities

B. Non-cash Activities

C. Cash flow from Accounting Activities

D. Cash flow from Investing Activities

2. Given the following information the correct rate of Return on Common Stockholders Equity would be, Net Income $74,800, Beginning and Ending Total Stockholders Equity $297,000 and $323,000, Common stock dividends $10,000, Preferred stock Dividends $2,000, Total Preferred Stock, beginning $27,000 and ending 33,000

A. .32 or 32%

B. $2.60 per share

C. .26 or 26%

D. Cant be determined from the information given

3) Using the correct information calculate the net cash activity for the Operating Activities Section of the Cash flow statement. Increase in Cash $7,000, Net Income 48,700, purchase of equipment with the issuance of Common Stock $10,000, Loss on sale of Furniture $1,900, Reduction of Accounts Payable $11,000, Depreciation Expense $7,700 and increase in Salaries Payable $4,900, Increase in Inventory $6,200 and decrease in Accounts Receivable $2,200

A. Net cash flow of $48,200

B. Net cash flow of $46,300

C. Net cash flow of $68,400

D. Net cash flow of $44,400

4. Increase in Long Term Notes Payable would be a

A. Source of cash included in the Investing Activities section

B. Use of cash included in the investing Activities section

C. Source of cash included in the Financing Activities section

D. Use of cash included in the Financing Activities Section

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