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Requlred Information [The following information applies to the questions displayed below.] Comparatlve financlal statements for Weaver Company follow: During this year, Weaver sold some equipment
Requlred Information [The following information applies to the questions displayed below.] Comparatlve financlal statements for Weaver Company follow: During this year, Weaver sold some equipment for $19 that had cost $31 and on which there was accumulated depreclation of $10. In addition, the company sold long-term Investments for $12 that had cost $6 when purchased several years ago. Weaver pald a cash dividend this year and the company repurchased $39 of its own stock. This year Weaver did not retire any bonds. 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 negatlve amounts.)
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