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