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E12-16 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
E12-16 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 | $ | 5,144 |
Purchase of property, plant, and equipment | 1,080 | |
Borrowings under line of credit (bank) | 1,135 | |
Proceeds from issuance of stock | 26 | |
Cash received from customers | 37,165 | |
Payments to reduce long-term debt | 61 | |
Sale of marketable securities | 238 | |
Proceeds from sale of property and equipment | 6,887 | |
Dividends paid | 292 | |
Interest paid | 106 | |
Purchase of treasury stock (stock repurchase) | 2,574 | |
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.)
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