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Comparative financial statements for Weaver Company follow: During this year, Weaver sold some equipment for $ 1 8 that had cost $ 3 1 and
Comparative financial statements for Weaver Company follow:
During this year, Weaver sold some equipment for $ that had cost $ and on which there was accumulated
depreciation of $ In addition, the company sold longterm investments for $ that had cost $ when purchased several
years ago. Weaver paid a cash dividend this year and the company repurchased $ of its own stock. This year Weaver
did not retire any bonds.
Required:
Using the indirect method, determine the net cash provided byused in operating activities for this year. List any deduction in cash
and cash outflows as negative amounts.
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