Question: Chapter 12 Homework 2 10 points eBook E12-16 (Algo) Reporting Cash Flows from Investing and Financing Activities LO12-4, 12-6 Oering's Furniture Corporation is a
Chapter 12 Homework 2 10 points eBook E12-16 (Algo) Reporting Cash Flows from Investing and Financing Activities LO12-4, 12-6 Oering's Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent year, it reported the following activities: Net income Purchase of property, plant, and equipment $ 5,140 2,073 Borrowings under line of credit (bank) Proceeds from issuance of stock 1,132 12 . Cash received from customers 37,181 Hint Payments to reduce long-term debt 52 Sale of marketable securities 224 Proceeds from sale of property and 6,880 References equipment Dividends paid Interest paid Purchase of treasury stock (stock repurchase) 290 98 2,564 Required: Based on this information, present the investing and financing activities sections of the cash flow statement. Note: List cash outflows as negative amounts. OERING'S FURNITURE CORPORATION Statement of Cash Flows (Partial) Cash flows from investing activities: Cash flows from financing activities:
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