Alpine Associates Incorporated is a Washington-based clothing and ski/skate accessories retailer. In a recent quarter, it reported the following activities: Net Incone Purchase of equipment Borrowings under line of credit (bank) Proceeds from issuance of common stock Cash received from customers Payments to reduce notes payable (long-term) Proceeds from sale of marketable securities Purchase of marketable securities Income taxes paid Other fixed assets purchased with promissory notes 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.) ALPINE ASSOCIATES INCORPORATED Statement of Cash Flows (Partial) Cash Flows from investing Activites $ 1,820 9,111 29,277 476 421,258 24,283 41,230 35,096 7,412 3,546 Cash Flows from Financing Activities
Alpine Associates Incorporated is a Washington-based clothing and ski/skate accessories retailer. In a recent quarter, it reported the following activities: Net Incone Purchase of equipment Borrowings under line of credit (bank) Proceeds from issuance of common stock Cash received from customers Payments to reduce notes payable (long-term) Proceeds from sale of marketable securities Purchase of marketable securities Income taxes paid Other fixed assets purchased with promissory notes 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.) ALPINE ASSOCIATES INCORPORATED Statement of Cash Flows (Partial) Cash Flows from investing Activites $ 1,820 9,111 29,277 476 421,258 24,283 41,230 35,096 7,412 3,546 Cash Flows from Financing Activities
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Alpine Associates Incorporated is a Washington-based clothing and ski/skate accessories retailer. In a recent quarter, it reported the
following activities:
Net Incone
Purchase of equipment
Borrowings under line of credit (bank)
Proceeds from issuance of common stock
Cash received from customers
Payments to reduce notes payable (long-term)
Proceeds from sale of marketable securities
Purchase of marketable securities
Income taxes paid
Other fixed assets purchased with promissory notes
ALPINE ASSOCIATES INCORPORATED
Statement of Cash Flows (Partial)
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.)
Cash Flows from Investing Activites
$ 1,820
9,111
29,277
476
Cash Flows from Financing Activities
421,258
24,283
41,250
35,096
7,412](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb3800ab1-9583-4d1f-9ecb-ce2654fdd5c9%2F17e584d1-4373-4257-8629-44b1807346b4%2Fzqmoqhe_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Alpine Associates Incorporated is a Washington-based clothing and ski/skate accessories retailer. In a recent quarter, it reported the
following activities:
Net Incone
Purchase of equipment
Borrowings under line of credit (bank)
Proceeds from issuance of common stock
Cash received from customers
Payments to reduce notes payable (long-term)
Proceeds from sale of marketable securities
Purchase of marketable securities
Income taxes paid
Other fixed assets purchased with promissory notes
ALPINE ASSOCIATES INCORPORATED
Statement of Cash Flows (Partial)
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.)
Cash Flows from Investing Activites
$ 1,820
9,111
29,277
476
Cash Flows from Financing Activities
421,258
24,283
41,250
35,096
7,412
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