Rowe Furniture Corporation is a Virginia-based manufacturer of furniture. Listed here are selected aggregate transactions from the first quarter of a recent year (in millions). Complete the following tabulation, indicating the sign (+ for increase. — for decrease, and NE for no effect) and amount of the effect of each additional transaction. Consider each item independently.

a. Recorded collections of cash from customers owed on open account of S32.2.

b. Repaid $2.1 in principal on line of credit with a bank with principal payable within one year.

Transcribed Image Text:

a. b. Current Gross Transaction Assets Profit Current Liabilities Cash Flow from Operating Activities