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45. Venus Corporation, a multi-designer store paid income tax of $100,000 during the year 20X4. Under which section of the statement of cach flows will

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45. Venus Corporation, a multi-designer store paid income tax of $100,000 during the year 20X4. Under which section of the statement of cach flows will this amount appear? 2. Operating activities b. Investing activities c. Financing activities d. Significant non-cash activities c. Contingent activities 45. Which of the following would be an openting activity for a grocen? 2. Repaying a loen b. Borrowing money to buy inventory c. Buying a vehicle for personal use d. Selling a bag of sugar e. Whitewashing the shop 47. In the year 20XS, Ben Smith Corporation declared and paid \$20,000 cash dividends to its prefered stock holders. In the statement of cash flows, Ben Smith will show this amount as an outilow fore(n): 2. operating activity. b. investing activity. c. financing activity. d. contingent activity. c. brand building ectivity. 48. In the year 20X6, Surie Corporation purchased a new building for its corporate headquartes. Where will the cash paid for this purchase appear on the statement of eash flows? a. Openting activities section b. Investing activities section c. Financing activities section d. Significant non-cash activities section c. Diversification activities section 49. DreamWorks Corporation acquired a tudematk in exchange for 3,000 shares of $1 par value common stock. Which of the following best describes this transaction? 2. Operating activity b. Investing activity c. Financing activity d. Significant non-cash ectivity c. Intangible sctivity

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