Modern Movables Corporation is a Virginia-based manufacturer of furniture. In a recent quarter, it reported the following activities: Net income $ 4,535 Purchase of equipment 911 Borrowings under line of credit (bank) 1,457 Proceeds from issuance of common stock 15 Cash received from customers 29,564 Payments to reduce notes payable (long-term) 50 Sale of investments 138 Proceeds from sale of equipment 6,994 Dividends paid 281 Interest paid 94
Based on this information, present the cash flows from investing and financing activities sections of the cash flow statement.

A cash flow statement is termed as the statement that depicts the maintenance of the cash in the firm. The statement states the cash flow in the economy and the corporate.

Calculation of the investing and financing activities sections of the cash flow statement is:

Cash flows from investing activities:

Purchase of equipment------------ -$911

Sale of investment------------------- $138

Sale of equipment--------------------- $6,994

Net cash flow from investing activities = $6,221

Cash flow from financing activities

Borrowing----- $1,457

Issue common stock -----------$15

Payment of notes payable---------- -$50

Dividend paid------------ -$281

Net cash flow from financing activities = $1,141

From the above calculation, the positive numeric value shows the cash inflow and the negative numeric value shows the cash outflow.

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