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Modern Movables Corporation is a Virginia-based manufacturer of furniture. In a recent quarter, it reported the following activities: $ 4,635 points 921 Skipped 1,467 16
Modern Movables Corporation is a Virginia-based manufacturer of furniture. In a recent quarter, it reported the following activities: $ 4,635 points 921 Skipped 1,467 16 29,664 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 51 139 7,094 282 95 eBook Hint Required: Based on this information, present the cash flows from investing and financing activities sections of the cash flow statement. (Amounts to be deducted should be indicated with a minus sign.) Print MODERN MOVABLES CORPORATION Statement of Cash Flows (Partial) Cash Flows from Investing Activities: References Cash Flows from Financing Activities: s
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