22. Barber Company has recorded the following payments for the current period: Interest paid on bank loan $300,000, dividends paid to Barber shareholders $200,000, repurchase of Barber Company stock $400,000. The amount to be shown in the Financing Activities Section of Barbers Cash Flow Statement should be *

a. $300,000

b. $500,000

c. $600,000

d. $900,000

e. None of the above

23. All of the following are included when calculating the acid test ratio except *

a. six-month treasury bills.

b. Inventory

c. accounts receivable.

d. 60-day certificates of deposit.