During 2015, Stout Inc. had the following activities related to its financial operations: Carrying value of convertible preferred stock in Stout, converted into common shares of Stout $ 360,000
Payment in 2015 of cash dividend declared in 2014 to preferred shareholders 186,000
Payment for the early retirement of long-term bonds payable (carrying amount $2,620,000) 2,650,000
Proceeds from the sale of treasury stock (on books at cost of $258,000) 300,000

The amount of net cash used in financing activities to appear in Stout's statement of cash flows for 2015 should be
During 2015, Stout Inc. had the following activiti
A. $2,176,000.
B. $2,548,000.
C. $2,536,000.
D. $1,990,000.

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)