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Oering's Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent year, it reported the following activities:

Oering's Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent year, it reported the following activities:

 

    Net income$5,144Purchase of property, plant, and equipment 1,075Borrowings under line of credit (bank) 1,135Proceeds from issuance of stock 15Cash received from customers 37,182Payments to reduce long-term debt 48Sale of marketable securities 222Proceeds from sale of property and equipment 6,880Dividends paid 292Interest paid 103Purchase of treasury stock (stock repurchase) 2,578 


Required:

Based on this information, present the cash flows from investing and financing activities sections of the cash flow statement. (List cash outflows as negative amounts.)

 

Top Answer

Answer Cash flow Statement ( Partial )' Cash flows from investing: Purchase of property, plant, and equipment -1075 ... View the full answer

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Cash flow (inflow) from Investing... View the full answer

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