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FootCovers, Inc., with headquarters in Beaverton, Oregon, is one of the world's leading manufacturers of athletic shoes and sports apparel. The following activities occurred during

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FootCovers, Inc., with headquarters in Beaverton, Oregon, is one of the world's leading manufacturers of athletic shoes and sports apparel. The following activities occurred during a recent year. The amounts are rounded to millions Purchased additional buldings for $186 and equipment for $280, paid $402 in cash and signed a long form note for the rest c. Declared $135 in dividends to be paid in the following year. d. Purchased additional short-term investments for $7.516 cash. . Several FoolCovers investors sold their own stock to other investors on the stock exchange for $82. 1. Sold 54,113 in short-term investments for $4,113 in cash. Required: For each of the events (a) through i. perform transaction analysis and indicate the account amount and direction of the effect ( for increase and for decrease) on the accounting equation. Check that the accounting equation remains in balance after each transaction (if no impact on the accounting equation leave cells blank. Enter your answers in millions.) Transaction Assets Liabilities + Stockholders' Equity b d

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