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Question 19
Operating profits and losses for the seven industry segments of Roder
Corporation are:
Penley $234 Cheng $(54)
Question 20
Which of the following events will appear in the cash flows from
financing activities section of the statement of cash flows?
Question 21
Heartland Company's budgeted sales and budgeted cost of goods sold
for the coming year are $146,550,000 and $35,397,000 respectively.
Short-term interest rates are expected to average 10%.
Question 22
The financial statement which summarizes operating, investing, and
financing activities of an entity for a period of time is the:
Question 23
Ames Company reported 2012 net income of $159,290. During 2012,
accounts receivable increased by $15,630 and accounts payable
increased by $9,930.
Question 24
Martinez Corporation engaged in the following cash transactions
during 2012.
Sale of land and building $191,970
Purchase of treasury stock 45,020