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Question:

Rowe Furniture Corporation is a Virginia-based manufacturer of furniture. In a current quarter, it reported the subsequent activities:

Net Income $4135

Purchase of property, equipment and plant $871

Borrowings underline of credit (bank) $1417

Proceeds from issuance of stock $11

Cash recieved from customers $29164

Payments to reduce long term debt $46

Sale of investment$134

Proceeds from sale property and equipment $6594

Dividents paid $277

Interest Paid $90

Based on the given information, show the cash flows from investing and financing activities sections of the cash flows statement.

Auditing, Accounting

  • Category:- Auditing
  • Reference No.:- M9132912

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