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Oerings 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,
Oerings 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 | 1,087 | |
Borrowings under line of credit (bank) | 1,131 | |
Proceeds from issuance of stock | 23 | |
Cash received from customers | 37,176 | |
Payments to reduce long-term debt | 62 | |
Sale of marketable securities | 228 | |
Proceeds from sale of property and equipment | 6,875 | |
Dividends paid | 294 | |
Interest paid | 98 | |
Purchase of treasury stock (stock repurchase) | 2,579 |
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. Omit the "$" sign in your response.) |
OERING'S FURNITURE CORPORATION | ||
Statement of Cash Flows | ||
Cash flows from investing activities: | ||
(Click to select)Purchase of treasury stockProceeds from sale of property, plant & equipmentProceeds from issuance of stockPurchase of property, plant & equipmentAccounts receivableProceeds from sale of other equity investmentsSale of marketable securities | $ | |
(Click to select)Sale of marketable securitiesProceeds from sale of property, plant & equipmentPurchase of treasury stockPurchase of property, plant & equipmentProceeds from issuance of stockProceeds from sale of other equity investmentsAccounts receivable | ||
(Click to select)Proceeds from issuance of stockSale of marketable securitiesAccounts receivableProceeds from sale of property, plant & equipmentPurchase of property, plant & equipmentProceeds from sale of other equity investmentsPurchase of treasury stock | ||
Net cash flows from investing activities | $ | |
Cash flows from financing activities: | ||
(Click to select)Payments on long-term debtBorrowings under line of creditProceeds from issuance of stockAccounts payableAccounts receivable decreasePurchase of treasury stockPayment of dividends | $ | |
(Click to select)Payments on long-term debtPayment of dividendsBorrowings under line of creditProceeds from issuance of stockAccounts payableAccounts receivable decreasePurchase of treasury stock | ||
(Click to select)Payment of dividendsBorrowings under line of creditProceeds from issuance of stockAccounts receivable decreasePayments on long-term debtPurchase of treasury stockAccounts payable | ||
(Click to select)Accounts payablePayments on long-term debtPayment of dividendsAccounts receivable decreaseBorrowings under line of creditPurchase of treasury stockProceeds from issuance of stock | ||
(Click to select)Payments on long-term debtPurchase of treasury stockAccounts receivable decreaseAccounts payablePayment of dividendsProceeds from issuance of stockBorrowings under line of credit | ||
Net cash flows from financing activities | $ |
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