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Question #4: A mortgage of $420,000 has principal payments totaling $120,000 that we doe within the next year. The remaining 5300.000 is not dve until after one year. How is the mortgage shown on the balance sheet? (A) As a current ability of $420,000 0.48 As a long tom hobility of 5420.000 OC) As another tobily of 5420,000 with a footnote breaking out content and long term portions OD) As a content libity of 120.000 and a long tomobily of $300.000 O E As a disclosure item only Question #4: In which section(s) of the cash flow statement do interest paid and dividends paid appear? Interest Paid, Dividends Paid O (A) Financing, Financing O (B) Financing, Investing (C) Financing, Operating O (D) Investing, Investing O (E) Operating, Financing Question #2: An example of a contingent liability may be a: O (A) Lawsuit filed against a company O (B) A horse owned by the CEO which contracts a horrible disease (C) An injury in the workplace O (D) Crashing a company car because a taxi cab cut the driver off Question #5: An example of a High Probability Contingent Liability may be an incident such as: O (A) A car accident (B) Property damaged due to a catastrophe O (C) A heart attack in the workplace (D) Running out of gas for the tractors on a farm owned by a CEO