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thibit 12-1. Which of these in statement of cash flows? a 1&4 b. 3&5 c. 26 44. The beginning and ending balances of long-term debt

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thibit 12-1. Which of these in statement of cash flows? a 1&4 b. 3&5 c. 26 44. The beginning and ending balances of long-term debt for the most recent fiscal year are $43.850 and $27,000, respectively. During the year, cash payments for long-term debt amounted to $23.450. How much new long-term debt was issued during the year? a. 56.600 b. $20.400 c. $3.550 d. $16.850 e. None of the answer choices is correct. 45. If a company purchases land with its common stock, and no cash changes hands, where would this activity be presented on the statement of cash flows? a. The financing section of the statement of cash flows. b. The investing section of the statement of cash flows. c. The operating section of the statement of cash flows. d. A note below the statement of cash flows. e. None of the answer choices is correct 46. Significant noncash financing and investing activities are reported in: a. a note below the statement of cash flows. b. the investing activities section of the statement of cash flows. c. the financing activities section of the statement of cash flows. d. the operating activities section of the statement of cash flows. e. None of the answer choices is correct 47. Sugar Pine Inc. collects 30% of its sales in the month of sale and the other 70% in the following month The following shows budgeted sales for January through March. January February March $250.000 $325.000 $387.500 What is the amount of cash receipts budgeted for February? a $97.500 b. $271,250 c. 5272.500 d. S302,500 c. None of the answer choices is correct. 48. When an employee is paid a bonus for meeting budgeted sales goals, all of the following are ways the employee might manipulate the numbers to improve her chances of getting the bonus except 2 underestimating budgeted costs. b. overestimating budgeted costs. c. underestimating sales growth d. underestimating budgeted sales. c. All of the answer choices are correct GH 37

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