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At the beginning of the year, Pine & Tree Company had 200.000 shares of common stock. Prior to the issuance of its financial statements for the year ended December 31, 2015. Pine & Tree declared a 10% stock dividend on its common stock. Net income for 2015 was $800.000. In its 2015 financial statements. Pine & Tree's 2015 earrings per common share was $3:41 What was the dollar amount of preferred stock dividends subtracted from net income? Multiple Choice 10.000 20.000 O 30.000 o 40.000 C Using the direct method for the statement of cash flows, the line item that is added is: Multiple Choice Cash paid to suppliers Cost of goods sold - decrease in inventory for increase in inventory) - Increase in accounts payable for + decrease in accounts payable) O Cash received from customers. Sales - decrease in accounts receivable for increase in accounts receivable Cash at the beginning of the period -- cash at the end of the period Cash from operating activities - capital expenditures Baker Corporation has issued 7000 shares of common stock and 500 shares of preferred stock for a lump sum of $195,000 cash. The par value of the common stock was $20 and the market value was $90. The par value of the preferred stock was $9 and the market value was $150. The amount of the preferred stock would be credited for approximately Multiple Choice O $140.000 O $16,354 SI5.146 $4.500 Which of the following terms would be used to infer cash leaving the company? Multiple Choice O Cash receipts LO Cash inflow Cash disbursements Cash provided by

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