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43) kringle Co. issued bonds during the year. This would be considered section of the Statement of Cash Flows and would be B) use, financing C) source, financing D) source, investing 44) Cash receipts from the sale of long-term assers A) subtracted from investing activities such as equipment and vehicles a added to operating oing acivities C) D) subtracted from operating 45) An example of a cash infiow from financing activities is A) cash receipts from sale of investments B) gain on sale of land C) cash receipts from issuance of bonds D) selling a building 46) Green Timber reported net income of $53,000 depreciation expenses of $11,000, an increase in inventory ef $3,000; and a decrease in Accounts Receivable of $3.500. Under the indirect method, net Cash Flows trom A) 587,500. B) $64,500 C) $57,500 D) $70,500. 47) A company's statement of cash flows shows net cash from operations of $10,000; net cash from investing of 31,000); and net cash from financing of $7.000 As a result, the cash balance must have increased by A) $4,000. B) $18.000 C) $16,000 D) $7,000. $197,000, current liabilities of $84,000 and net sales of $95,000 would be: (Round your final answer to two decimal places) 48) The current ratio for a company with current assets of $79,000, quick assets of $43,000, total assets of A) 0.67 B) 0.59 C) 3.08. D) 1.23 49) The debt ratio is the relationship between: A) total assets and total liabilities B) total assets and current liabilities C) current assets and total liabilities D) current assets and current liabilties. the year, and $1,400,000 at the beginning of the year. The return on equity would be: (Round your final answer to two decimal places. XXX%) 50) A company's net income for the year ended was $290,000. Stockholders' Equity was $1,800,000 at the end of A) 18.13%. B) 19.33%. C) 9.67%. D) 20 71%

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