Consider a reaction that has a positive ΔH and a negative ΔS.  Which of the following statements is TRUE?

Which of the following transactions would be shown in the non-cash investing and financing activities section of the statement of cash flows?  

Georgia Corp. uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet:                                                                             Georgia Corp.                                                              Comparative Balance Sheet                                                            December 31, 2019 and 2018   2019 2018 Increase/(Decrease) Cash $45,000 $27,000 $18,000 Accounts Receivable 48,000 45,000 3,000 Merchandise Inventory 180,000 132,000 48,000 Total Assets $273,000 $204,000 $69,000   How will the change in Accounts Receivable be shown on the statement of cash flows?

The following information is from the December 31, 2020 balance sheet of Millner Corporation. Preferred Stock, $100 par $560,000 Common Stock, $1 par, 190,000 shares issued and outstanding 190,000 Paid-In Capital in Excess of Par—Common 510,000 Retained Earnings 191,500 Total Stockholders’ Equity $1,451,500 What was the average issue price of the common stock shares? (Round your answer to the nearest cent.) 

Electric, Inc. was incorporated on January 1, 2016. Electric issued 4,000 shares of common stock and 1,200 shares of preferred stock on that date. The preferred stock is cumulative, $100 par, with an 12% dividend rate. Electric has not paid any dividends yet. In 2019, Electric had its first profitable year, and on November 1, 2019, Electric declared a total dividend of $63,000. What is the total amount that will be paid to preferred shareholders?  

Regarding the direct and indirect methods of preparing the statement of cash flows, which of the following statements is true? 

A corporation has 14,000 shares of 13%, $104 par noncumulative preferred stock outstanding and 22,000 shares of $1 par common stock outstanding. At the end of the current year, the corporation declares a dividend of $220,000. What amount of dividends will be paid to preferred stockholders and what amount will be paid to common stockholders?

Mid-Town Auto Parts Company uses the direct method to prepare its statement of cash flows. Refer to the following information reported for 2019:   Interest Expense, $250,000 Interest Payable, beginning balance, $80,000 Interest Payable, ending balance, $60,000   Compute the interest paid by Mid-Town during 2019. 

Kentucky Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Sales Revenue $249,000   Interest Revenue 2,300   Gain on Sale of Plant Assets 5,300   Total Revenues and Gains   $256,600 Cost of Goods Sold 124,000   Salary Expense 43,000   Depreciation Expense 14,000   Other Operating Expenses 20,000   Interest Expense 1,600   Income Tax Expense 5,100   Total Expenses   207,700 Net Income (Loss)   $48,900 Additional information provided by the company includes the following: Current assets, other than cash, increased by $21,000. Current liabilities decreased by $1200.   Compute the net cash provided by (used for) operating activities.

Preferred stock is stock ________.