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please show your workings Oering's Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent year, t reported the following activities: Net income Purchase
please show your workings
Oering's Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent year, t reported the following activities: Net income Purchase of property, plant, and equipment Borrowings under line of credit (bank) Proceeds from issuance of stock Cash received from customers Payments to reduce long-term debt Sale of marketable securities Proceeds from sale of property and equipment Dividends paid Interest paid Purchase of treasury stock (stock repurchase) $ 5,138 1,071 1,128 28 37,181 62 237 6,891 294 105 2,564Step by Step Solution
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