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this year is on the left last year is on the right Assets Cash and cash equivalents Accounts receivable Inventory Total current assets Property, plant,
this year is on the left last year is on the right
Assets Cash and cash equivalents Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation93 Net property, plant, and equipment 517 Long-term investments otal assets Liabilities and Stockholders' Equity Accounts payable Accrued liabilitie ncome taxes payable tal current liabilitie Bonds payable Total liabilities 210250 Retained earnings Total stockholders equity Total liabilities and stockholders'equity $1017AD Weaver Company Income Statement For This Year Ended December 31 ses Income Statement For This Year Ended December 31 Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income Nonoperating items $800 500 300 213 87 Gain on sale of investments $7 Loss on sale of equipment Income before taxes Income taxes Net income 90 27 $ 63 During this year. Weaver sold some equipment for $20 that had cost $40 and on which there was accumulated depreciation of $16. In addition, the company sold long-term investments for $10 that had cost $3 when purchased several years ago. Weaver paid a cash dividend this year and the company repurchased $40 of its own stock. This year Weaver did not retire any bonds. Required 1. Using the indirect method, determine the net cash provided by operating activities for this year 2. Using the information in (1) above, along with an analysis of the remaining balance sheet accounts, prepare a statement of cash flows for this year
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