Question 22 Need Help With This Problem (3)

Listed here are selected aggregate transaction for modern style furniture company from the first quarter of a recent year (dollar in million.

1. Recorded collections of cash from customers owed on open account of $40.8
2. Repaid 5.6 in principal on-line of credit with a bank with principal payable within one year.

Complete the following table by entering the amount of the effect of each transaction. Enter negative amounts with a minus sign. Consider each item independently. (Enter your answers in millions rounded to 1 decimal Place (i.e, 5,5000,000 should be entered as 5.5)

Transaction Current Asset Gross Current Cash Flow from

Profit Liabilities Operating Activities

a. { ? } { ? } { ? } { ? }

b. { ? } { ? } { ? } { ? }