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Homework Questions The following is a list of various cash payments and cash receipts: Cash paid to suppliers and employees $400,000 Dividends paid 18,000 Interest paid 12,000 Purchase of plant assets 45,000 Interest and dividends received 17,000 Payments to settle short-term debt 29,000 Income taxes paid 23,000 Cash received from customers 601,000 Based only on the above items, net cash flows from operating activities are: $138,000 $91,000 $183,000 $120,000 Where is the change in cash shown on the statement of cash flows? In the top part, before the operating activities section In one of the operating, investing, or financing activities sections In the bottom part, following the financing activities section None of the above On March 1, Jumper Products (a U.S. firm) purchased manufacturing inputs from a Mexican supplier for 20,000 pesos payable on June 1. The exchange rate for pesos on March 1 was $0.17. If the exchange rate increases to $0.19 on June 1, what amount of gain or loss would be reported by Jumper related to the currency exchange? $400 gain $200 loss $400 loss $200 gain Schoomer Corp. paid $200,000 to purchase 30 percent of the stock of Shape, Inc. this year. At the end of the year, Shape reported net income of $50,000 and declared and paid dividends of $20,000. If Schoomer uses the equity method to account for its investment in Shape, at what amount would the investment be reported at the end of the year? $200,000 $209,000 $215,000 $221,000 During the current year, Winter…