Need help with this prac ques

Under the equity method, how is the receipt of a cash dividend recorded? It is not recorded As dividend revenue As a decrease to the investment account As a credit to retained earnings Which of the following is subtracted from net income when using the indirect method of a cash flow statement? A net loss on the sale of equipment A decrease in accounts receivable An increase in accounts payable An increase in inventory Assume the following: Reported net income, $103,200; decrease in Accounts Receivable, $3,300; increase in inventory, $4,200; loss on sale of land, $12,000; increase in Accounts Payable, $7,000. What is the cash flow from operating activities? $109,300 $135,300 $121,300 $107,300 If during a period, land which cost $35,000 is sold for $27,000, how would this be shown on a cash flow statement using the indirect method? Add $8,000 to the operating section; add $8,000 to investing section Subtract $8,000 from the operating section; add $27,000 to the investing section Add $8,000 to the operating section; add $27,000 to the financing section Add $8,000 to the operating section; add $27,000 to the investing section Brown Company has done a high-low analysis and come up with the following results: At the highest activity level of 34,000 units, the total cost was $70,000; at the lowest activity level of 24,000 units, the total cost was $56,000. What was the estimated fixed portion of the expense? $32,400 $22,400 $1.40 $21,400 Which of the following is true about contribution margin? It "contributes" to covering the variable costs It is the selling price less the fixed costs It is the fixed costs less the variable costs it "contributes" to covering the fixed costs