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1-A. What is the net cash provided by (used in) operating activities in the company's statement of cash flows? 2-A. What is the amount of
1-A. What is the net cash provided by (used in) operating activities in the company's statement of cash flows?
2-A. What is the amount of gross cash outflows reported in the investing section of the company's statement of cash flows; B. What is the net cash provided by (used in) investing activities?
3-A. What is the amount of gross cash inflows reported in the financing section of the company's statement of cash flows; B. What is the company's net cash provided by (used in) financing activities?
Required information [The following information applies to the questions displayed below.] Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows: During the year, Ravenna paid a $15,000 cash dividend and it sold a piece of equipment for $7,500 that had originally cost $18,000 and had accumulated depreciation of $12,000. The company did not retire any bonds or repurchase any of its own common stock during the yearStep by Step Solution
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