Multiple Select Question Select all that apply A line of credit is repaid only on the maturity date is normally renewable on a one year term is generally classified as a long-term liability normally has fluctuating interest rates.

On January 1, Year 1, Dixon Company issued 10 -year, 8% bonds with a $50,000 face value at 96 . As a result on this, the statement of cash flows shows a cash flow from activities of financing, $48,000 financing, $50,000 operating. $50,000 operating, $48,000