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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.
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Prepare a memo on the 'state of the company's industry' and associated risk factors.
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