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Zumiez Incorporated is a Washington-based clothing and ski/skate accessories retailer. In a recent quarter, it reported the following activities:   Net income $ 1,770 Purchase of equipment 9,061 Borrowings under line of credit (bank) 29,227 Proceeds from issuance of common stock 426 Cash received from customers 421,158 Payments to reduce notes payable (long-term) 24,233 Proceeds from sale of marketable securities 41,200 Purchase of marketable securities 35,046 Income taxes paid 7,362 Other fixed assets purchased with promissory notes 3,496   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.)

Zumiez Incorporated is a Washington-based clothing and ski/skate accessories retailer. In a recent quarter, it reported the following activities:   Net income $ 1,770 Purchase of equipment 9,061 Borrowings under line of credit (bank) 29,227 Proceeds from issuance of common stock 426 Cash received from customers 421,158 Payments to reduce notes payable (long-term) 24,233 Proceeds from sale of marketable securities 41,200 Purchase of marketable securities 35,046 Income taxes paid 7,362 Other fixed assets purchased with promissory notes 3,496   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.)

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Zumiez Incorporated is a Washington-based clothing and ski/skate accessories retailer. In a recent quarter, it reported the following activities:

 

Net income $ 1,770
Purchase of equipment 9,061
Borrowings under line of credit (bank) 29,227
Proceeds from issuance of common stock 426
Cash received from customers 421,158
Payments to reduce notes payable (long-term) 24,233
Proceeds from sale of marketable securities 41,200
Purchase of marketable securities 35,046
Income taxes paid 7,362
Other fixed assets purchased with promissory notes 3,496

 

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.)

 

 

Uller ILATU asselD риспареи WICH MISSLY HOLES 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.) ZUMIEZ INCORPORATED Statement of Cash Flows (Partial) Cash Flows from Investing Activities: 3,430 Cash Flows from Financing Activities:
Transcribed Image Text:Uller ILATU asselD риспареи WICH MISSLY HOLES 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.) ZUMIEZ INCORPORATED Statement of Cash Flows (Partial) Cash Flows from Investing Activities: 3,430 Cash Flows from Financing Activities:
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