Excerpts from TPX Company's December 31, 2018 and 2017, financial statements are presented below 23. 2017 $72 2018 S80,0 372,000 400 Cost of goods sold 810 450, 850, 500, 75,000 56,0 TPX Company's 2018 return on equity is (rounded to one decimal place): A. 16.7%. B. 15.0%. C. 15.8%. D. 21.4%, 24. The purchase of land is classified in the statement of cash flows as a(n): B. Investing activity C. Fin D. Noncash activity. 25. All classifications on the Balance Sheet have a general relationship with sections identified on the Statement of Cash Flows. Indicate which relationships are correctly identified in the table below. Classification on the Balance Sheet Section on Statement of Cash Flows Financing Operating Fi Bonds Payable Common Stock Accounts Payable IV | V | Accounts Receivable A. IV, V. All of these are correct. D