A100+Midterm%2BFall%2B2%2B2010

A 39600 b 31600 c 8000 d 23600 e none of the

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Unformatted text preview: 00 $27,100 $10,000 $65,200 2010 $1,600 $1,000 $600 $2,000 $28,000 $17,500 $10,000 $60,700 26 What is the total net cash flows from financing activities if net income for 2010 was $22,000? a ($39,600) b ($31,600) c $8,000 d ($23,600) e None of the above 27 What was cost of good sold for 2010 if $76,000 was paid to suppliers during the year? a $77,800 b $75,500 c $73,700 d $73,900 e None of the above 28 How much land was purchased during 2010 if there was a gain on the sale of land of $5,500 on the Income Statement and the Statement of Cash Flows showed an inflow of $18,000 on the date of the sale? a $10,500 b $20,000 c $21,500 d $12,500 e None of the above 29 What was the approximate return on equity if dividends were paid in the amount of $20,000 during 2010? a 62.9% b 32.2% c 37.8% d 46.6% e 23.0% 30 What was the revenue of the company if $120,000 was received from customers during 2010? a $113,000 b $125,000 c $115,000 d $117,000 e None of the above 31 What were net cash flows from invest...
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This note was uploaded on 09/11/2012 for the course BUS 100 taught by Professor Mo during the Spring '08 term at Indiana.

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