90. Selling bonds versus issuing stock 2. Results in increased equity and lower debt. b. Dilutes the ownership interest of the current shareholders. c. is a way for current owners to raise capital without diluting their ownership interest. d. None of the above For Questions 91 through 94, classify each event that occurred at Acme Anvil Mfg. Incorporated as a. An Operating Activity b. An Investing Activity c. A Financing Activity d. Having no impact on cash 91. Issuing 10,000 shares of common stock d 92 Making a Principal payment on a bank loan 93. Declaring a Dividend to Shareholders d 94. Paying to purchase a delivery truck d Use the following information for Questions 95 through 100. Net Sales $145,000 Cost of Goods Sold 70% of Net Sales Market Price of Stock $10.6 per share Outstanding shares of Common Stock 10,000 shares Net Income 58.800 Average Assets $310,000 Average Liabilities $124.000 Total Inventory $36,000 Total Inventory last year $36,500 For each question, choose "A" for True, "B" for False, or "C" if not enough information. Please assume that there are no preferred stocks. Please round to one decimal place when calculating ratios. 95. Profit Margin-6.1%. A 96. Inventory Turnover = 2.5 97. Return on Assets = 2.8% (rounded) 98 Current Ratio - 2.5 to 1 99. Gross Profit Rate 30% 100. Price to earnings = 40%