Penley $ 1,827 Cheng $ 609 Konami 2,088 Takuhi 522 KSC 696 Molina 2,175 Red Moon Question 19 Operating profits and losses for the seven industry segments of Roder Corporation are : Penley $ 234 Cheng $( 54 ) Question 20 Which of the following events will appear in the cash flows from financing activities section of the statement of cash flows ? Question 21 Heartland Company ' s budgeted sales and budgeted cost of goods sold for the coming year are $ 146,550,000 and $ 35,397,000 respectively . Short-term interest rates are expected to average 10 %. Question 22 The financial statement which summarizes operating , investing , and financing activities of an entity for a period of time is the : Question 23 Ames Company reported 2012 net income of $ 159,290 . During 2012 , accounts receivable increased by $ 15,630 and accounts payable increased by $ 9,930 . Question 24 Martinez Corporation engaged in the following cash transactions during 2012 . Sale of land and building $ 191,970 Purchase of treasury stock 45,020 Question 25 Martinez Corporation engaged in the following cash transactions during 2012 . Sale of land and building $ 184,990 Purchase of treasury stock 42,320 Purchase of land 46,050 Question 26 A comparative balance sheet for Orozco Corporation is presented below . Question 27