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6 E12-15 Reporting Cash Flows from Investing and Financing Activities [LO 12-3, LO 12-4] Rowe Furniture Corporation is a Virginia-based manufacturer of furniture. In a
6 E12-15 Reporting Cash Flows from Investing and Financing Activities [LO 12-3, LO 12-4] Rowe Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent quarter, it reported the following activities Net income Purchase of equipment Borrowings under line of credit (bank) Proceeds from issuance of common stock Cash received from customers Payments to reduce notes payable (long-term) Sale of investments Proceeds from sale of equipment Dividends paid interest paid s 3,535 811 1,357 27 28 564 40 128 5,994 271 84
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