subject
Business, 05.05.2020 08:43 Flowershere121

I need help with this problem! I keep getting it wrong can you help? Rowe Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent quarter, it reported the following activities:

Net income $ 3,335
Purchase of equipment 791
Borrowings under line of credit (bank) 1,337
Proceeds from issuance of common stock 29
Cash received from customers 28,364
Payments to reduce notes payable (long-term) 38
Sale of investments 126
Proceeds from sale of equipment 5,794
Dividends paid 269
Interest paid 82
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.

ROWE FURNITURE CORPORATION
Statement of Cash Flows (Partial)
Cash Flows from Investing Activities:
Purchase of Equipment $(791)
Sale of Investments 126
Proceeds from Sale of Equipment 5,794
$5,129
Cash Flows from Financing Activities:
Borrowings Under Line of Credit $1,337
Proceeds from Issuance of Common Stock 29
Payments on Notes Payable (long-term) (38)
Payment of Dividends (269)
Interest Paid (82)
$977

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 07:20
Richardson hired j.c. flood company, a plumbing contractor, to correct a stoppage in the sewer line of her house. the plumbing company's 'snake' device, used to clear the line leading to the main sewer, became caught in the underground line. to release it, the company excavated a portion of the sewer line in richardson's backyard. in the process, the company discovered numerous leaks in a rusty, defective water pipe that ran parallel with the sewer line. to meet public regulations, the water pipe, of a type no longer approved for such service, had to be replaced either then or later, when the yard would have to be excavated again. the plumbing company proceeded to repair the water pipe. though richardson inspected the company's work daily and did not express any objection to the extra work involved in replacing the water pipe, she refused to pay any part of the total bill after the company completed the entire operation. j.c. flood company then sued richardson for the costs of labor and material it had furnished. (c) for what, if anything, should richardson be liable? explain."
Answers: 1
question
Business, 22.06.2019 11:00
Your debit card is stolen, and you report it to your bank within two business days. how much money can you lose at most? a. $500 b. $25 c. $50 d. $150
Answers: 2
question
Business, 22.06.2019 21:30
Which is cheaper: eating out or dining in? the mean cost of a flank steak, broccoli, and rice bought at the grocery store is $13.04 (money.msn website, november 7, 2012). a sample of 100 neighborhood restaurants showed a mean price of $12.75 and a standard deviation of $2 for a comparable restaurant meal. a. develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean cost of a restaurant meal is less than fixing a comparable meal at home. b. using the sample from the 100 restaurants, what is the p-value? c. at a = .05, what is your conclusion? d. repeat the preceding hypothesis test using the critical value approach
Answers: 3
question
Business, 22.06.2019 22:30
Schuepfer inc. bases its selling and administrative expense budget on budgeted unit sales. the sales budget shows 1,800 units are planned to be sold in march. the variable selling and administrative expense is $4.30 per unit. the budgeted fixed selling and administrative expense is $35,620 per month, which includes depreciation of $2,700 per month. the remainder of the fixed selling and administrative expense represents current cash flows. the cash disbursements for selling and administrative expenses on the march selling and administrative expense budget should be:
Answers: 1
You know the right answer?
I need help with this problem! I keep getting it wrong can you help? Rowe Furniture Corporation is a...
Questions
question
History, 23.04.2021 03:50
question
Health, 23.04.2021 03:50
Questions on the website: 13722367