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19) Which resource providers lend financial resources to a business with the expectation of repayment with interest? A) Consumers B) Investors C) Creditors D) Owners 20) Mayberry Company paid $30,000 cash to purchase and. What happened as a result of this business event? A) Total assets were not affected. B) Total assets and total equity were not affected, and net cash flow from investing activities decreased C) The net cash flow from investing activities decreased. D) Total equity was not affected. 21) Blair Scott started a sole proprietorship by depositing $75,000 cash in a business checking account During the accounting period, the business borrowed $30,000 from a bunk, canned $18,000 of net income, and Scott withdrew $12,000 cash from the business. Based on this information, what is the balance in Scott's capital account at the end of the accounting period A) $81,000 C) $111,000 B) 572,000 D) $93.000 22) Which of the following transactions affects cash flows? A) Recognition of depreciation expense B) Payment of dividends declared in a previous year C) Issuance of a stock dividend D) Accrual of interest receivable + - 23) An Analysis procedure that uses percentages to compare each of the parts of an individual statement to a key dollar amount from the financial statements is A) Ratio analysis B) Contribution analysis C) Vertical analysis D) Horizontalysis. 24) Which of the following terms is used to identify the expense recognition associated with intangible assets A) Depreciation B) Amortization C) Allocation D) Depletion 25) Which of the following would not be classified as a tangible long-term asset? A) Land B) Copyright Delivery truck D) Timber reserve

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