Business, 19.05.2020 14:07 tiffxnnyyy

Oering's Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent year, it reported the following activities

Net income $ 5,147
Purchase of property, plant, and equipment 2,084
Borrowings under line of credit (bank) 1,129
Proceeds from issuance of stock 26
Cash received from customers 37,179
Payments to reduce long-term debt 61
Sale of marketable securities 237
Proceeds from sale of property and equipment 6,892
Dividends paid 293
Interest paid 103
Purchase of treasury stock (stock repurchase) 2,571

Required: Based on this information, present the investing and financing activities sections of the cash flow statement. (List cash outflows as negative amounts.)

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 02:00

True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false

Answers: 2

Answer

Business, 22.06.2019 19:00

Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.

Answers: 2

Answer

Business, 22.06.2019 19:30

He moto hotel opened for business on may 1, 2017. here is its trial balance before adjustment on may 31. moto hotel trial balance may 31, 2017 debit credit cash $ 2,283 supplies 2,600 prepaid insurance 1,800 land 14,783 buildings 72,400 equipment 16,800 accounts payable $ 4,483 unearned rent revenue 3,300 mortgage payable 38,400 common stock 59,783 rent revenue 9,000 salaries and wages expense 3,000 utilities expense 800 advertising expense 500 $114,966 $114,966 other data: 1. insurance expires at the rate of $360 per month. 2. a count of supplies shows $1,050 of unused supplies on may 31. 3. (a) annual depreciation is $2,760 on the building. (b) annual depreciation is $2,160 on equipment. 4. the mortgage interest rate is 5%. (the mortgage was taken out on may 1.) 5. unearned rent of $2,580 has been earned. 6. salaries of $810 are accrued and unpaid at may 31

Answers: 2

Answer

Business, 22.06.2019 20:20

Trade will take place: a. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer is willing and able to accept for a good. b. if the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good. c. only if the maximum that a consumer is willing and able to pay is equal to the minimum price the producer is willing and able to accept for a good. d. none of the above.

Answers: 3

Answer

You know the right answer?

Oering's Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent year, it r...

Questions