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35) Which of the following sections from the statement of cash flows include the cash paid for the purchase of Treasury Stock? A) the operating section B) the investing section C) the financing section D) the non-cash investing and financing section 31) Which of the following is the base amount when performing vertical analysis of a balance sheet? A) total assets C) net income B) total cash and cash equivalents D) gross proft Acorporation has 2,000 shares, 10% preferred stock of S50 par, and 6,000 shares of common stock outstanding The net income for the year is $250,000. Calculate earnings per share. A) $50 B) S42 C) $125 D) S40 33) The issue of Common Stock for cash will be shown as a: A) negative cash flow in the investing section of the statement of cash flows. B) negative cash flow in the financing section of the statement of cash flows C) positive cash flow in the investing section of the statement of cash flows D) positive cash flow in the financing section of the statement of cash flows. 34) Which of the following sections of the statement of cash flows include activities that increase and decrease long-term liabilities and stockholders' equity? A) the investing section B) the non-cash investing and financing section C) the financing section D) the operating section 35) Which of the following sections from the statement of cash flows include the cash paid for the purchase of Treasury Stock? A) the operating section B) the investing section C) the finanging section D) the non-cn investing and financing section Explore F5 F6 F9 F1O

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