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1. Would the Purchased a building by signing a notes payable for $100,000 be decreased or increased in the investing activities, financial activities, or non-cash activities?

2. You currently own 300 shares of Hanover Co. The stock closed at a price of $32.09 a share today. Tomorrow morning, a stock dividend of 8 percent will occur. What will be the change in the value of your investment tomorrow assuming there are no other factors affecting the market price of the stock?

3. Cloe is 42 years old, she orally agrees to work for ruffian for the rest of her life for 50k a year. This agreement is not enforceable because it violates the 01 year rule of the statue of frauds.

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