MULTIPLE CHOICE1. On exercise 4-1 requirement 1 what is the amount of total revenues and gains?2. On exercise 4-1 requirement 1 what is the total of expenses and losses? 3. On exercise 4-1 requirement 1 what is the EPS for the year that is reported on the face of this financial statement?4. On exercise 4-3 requirement 1 what is the amount of net income?5. On exercise 4-3 requirement 1 what is the amount of total earnings per share reported for net income?6.
On exercise 4-14 the correct answer for number #1 is for purchases of
equipment made for cash is Investing Activities? True
False7. On exercise 4-14 the correct answer for #3 for
collection of cash from customers is Noncash investing and financing
activities? True False8. On exercise 4-14 the correct answer for #7 sale of machinery for cash is Operating Activities? True False9.
On exercise 4-14 the correct answer for #6 issuance of common stock
for cash is Financing Activities? True False10.
On exercise 4-14 the correct answer for #9 issuance of bonds payable in
exchange for land and building is Operating Activities?11. On exercise 4-15 what is the net cash inflows from operating activities?12. On exercise 4-15 what is the net cash outflows from investing activities?13. On exercise 4-15 what is the net cash inflows from financing activities?