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Please prepare a indirect cash flow per operations, investing, finance Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities
Please prepare a indirect cash flow per operations, investing, finance
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 $8,400 cash dividend and it sold a piece of equipment for $4,200 that had originally cost $9,000 and had accumulated depreciation of $6,000. 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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