3 [The following information applies to the questions displayed below.) Comparative financial statements for Weaver Company follow: 10 points Weaver Company Comparative Balance Sheet at December 31 This Year Last Year cBook Print References $ 27 293 152 9 481 510 (83) 427 24 $ 932 $ 12 230 194 6 442 431 (71) 360 31 $833 Assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Long-term investments Total assets Liabilities and Stockholders' Equity Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 304 71 74 449 196 645 165 122 287 $225 78 64 367 170 537 201 95 296 $833 $932 Weaver Company Income Statement For This Year Ended December 31 LMRE During this year. Weaver sold some equipment for $18 that had cost $31 and on which there was accumulated depreciation of $10. In addition, the company sold long-term investments for $13 that had cost $7 when purchased several years ago. Weaver paid a cash dividend this year and the company repurchased $36 of its own stock. This year Weaver did not retire any bonds. Problem 15-7 Part 2 (Algo) 2. Using the information from Part 1, along with an analysis of the remaining balance sheet accounts, prepare a statement of cash flows for this year. (List any deduction in cash and cash outflows as negative amounts.) Weaver Company Statement of Cash Flows For This Year Ended December 31 Operating activities Investing activities 0 Financing activities 2 Final Practice/Study Exam i Saved Help Problem 15-7 Part 2 (Algo) 2. Using the information from Part 1, along with an analysis of the remaining balance sheet accounts, prepare a statement of cash flows for this year. (List any deduction in cash and cash outflows as negative amounts.) Weaver Company Statement of Cash Flows For This Year Ended December 31 Operating activities Investing activities Financing activities 0 0 Beginning cash and cash equivalents Ending cash and cash equivalents $ 0 BAN 3 [The following information applies to the questions displayed below.) Comparative financial statements for Weaver Company follow: 10 points Weaver Company Comparative Balance Sheet at December 31 This Year Last Year cBook Print References $ 27 293 152 9 481 510 (83) 427 24 $ 932 $ 12 230 194 6 442 431 (71) 360 31 $833 Assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Long-term investments Total assets Liabilities and Stockholders' Equity Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 304 71 74 449 196 645 165 122 287 $225 78 64 367 170 537 201 95 296 $833 $932 Weaver Company Income Statement For This Year Ended December 31 LMRE During this year. Weaver sold some equipment for $18 that had cost $31 and on which there was accumulated depreciation of $10. In addition, the company sold long-term investments for $13 that had cost $7 when purchased several years ago. Weaver paid a cash dividend this year and the company repurchased $36 of its own stock. This year Weaver did not retire any bonds. Problem 15-7 Part 2 (Algo) 2. Using the information from Part 1, along with an analysis of the remaining balance sheet accounts, prepare a statement of cash flows for this year. (List any deduction in cash and cash outflows as negative amounts.) Weaver Company Statement of Cash Flows For This Year Ended December 31 Operating activities Investing activities 0 Financing activities 2 Final Practice/Study Exam i Saved Help Problem 15-7 Part 2 (Algo) 2. Using the information from Part 1, along with an analysis of the remaining balance sheet accounts, prepare a statement of cash flows for this year. (List any deduction in cash and cash outflows as negative amounts.) Weaver Company Statement of Cash Flows For This Year Ended December 31 Operating activities Investing activities Financing activities 0 0 Beginning cash and cash equivalents Ending cash and cash equivalents $ 0 BAN