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Question 5 1.25 pts Rare Gems, Inc engaged in the following cash transactions during May: Purchase of Inventory $5,000 $7,000 Cash Proceeds from Loan Cash Collected from Sales New Stock Issued Salaries paid to Employees $26,500 $25,000 $4,600 Purchase of New Delivery Van $20,000 What is the net cash flow from financing? $32,000 $7,000 $25,000 $31,600 Rare Gems, Inc engaged in the following cash transactions during May: Purchase of Inventory $5,000 $7,000 Cash Proceeds from Loan Cash Collected from Sales $26,500 $25,000 New Stock Issued Salaries paid to Employees $4,600 Purchase of New Delivery Van $20,000 What is net cash flow from investing? ($25,000) ($20,000) $25,000 $32,000 Question 7 1.25 pts Rare Gems, Inc engaged in the following cash transactions during May: Purchase of Inventory $5,000 Cash Proceeds from Loan $7,000 Cash Collected from Sales $26,500 New Stock Issued $25,000 Salaries paid to Employees $4,600 Purchase of New Delivery Van $20,000 What is the net cash flow from operating? $21,900 $16,900 ($3,000) $26,500 Question 8 1.25 pts The following financial data is Blue Bird Bus Company (amounts in Millions): Accounts Payable $7,759 Cash $2,210 $53 Common Stock Cost of Goods Sold $51,278 Interest Expense $882 Inventories $8,790 Accounts Receivable $4,446 Property, Plant, Equipment $25,958 Sales $72,618 What is the amount of Current Assets? $2,210 $15,446 $6,656 $57,934

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