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To determine net cash provided by or used in financing activities, one must analyze the: O Common Stock and Retained Earnings accounts. O Cash account Interest Expense and Dividend Income accounts O Notes Receivable and Bonds Payable accounts. Which of the following statements about issued and outstanding stock is correct? Outstanding stock includes stock in the hands of investors, as well as treasury stock in the hands of the corporation Outstanding stock includes all stock issued by a corporation. Issued stock equals the sum of outstanding stock and treasury stock. O Issued stock is equal to authorized stock. A company has net income of $32.60 million. Stockholders' equity at the beginning of the year is $77.55 million and, at the end of the year, it is $128.15 million. The only change to stockholders' equity came from net income. The return on equity ratio is approximately: O 0.32 O 0.25 0.42 O 3.93 Which of the following statements about calculation of cash flows from operating activities under the indirect method is correct? O When the indirect method is used, depreciation expense is added to net income as a step in the process of calculating net cash flow provided by operating activities. O When the indirect method is used, changes in long-term liabilities are subtracted to convert net income to net cash flow provided by operating activities. O When the indirect method is used, changes in current liabilities are subtracted while changes in current assets are added to convert net income to net cash flow from operating activities. O When the indirect method is used, changes in long-term assets are added to convert net income to net cash flow provided by operating activities

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