ingle Co. issued bonds during the year. This wouid be considered Kringle n thesection of the Stahement of Cash Flows A) use. B) use, financing C) source, financing D) source, investing of cash, and wouid be reponted 44) Cash receipts from the sale of long-term assets, such as equipment and vehicles, are: A) subtracted from investing activies. B) added to investing activities C) added to operating activities D) subtracted from operating activities 45) An example of a cash intlow 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 reported net income of $53,000; doprociation expenses of $11,000, an increase in inventory of and a decrease in Accounts Receivable of $3,500. Under the indirect method, net Cash Flows from $3,000; A) 587,500. B) $84,500 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 $1,000); 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. 48) The current ratio for a company with current assets of $79,000, quick assets of $43,000, total assets of $197,000, current liabilities of $84,000 and net sales of $95,000 would be: (Round your final answer to two decimal places.) 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 liabilities. 50) A company's net income for the year ended was $290,000. Stockholders' Equity was $1,600,000 at the end of (Round your final answer the year, and $1,400,000 at the beginning of the year. The return on equity would be: to two decimal places.xxx%) A) 18.13%. B) 19.33%. C) 9.67%. D) 20.71%