Question: pls help i will rate Comparative financial statements for Weaver Company follow: During this year, Weaver sold some equipment for $20 that had cost $40


Comparative financial statements for Weaver Company follow: 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 owri stock. This year Weaver did not retire any bonds. oblem 15-7 Part 2 Using the information from Part 1, along with an analysis of the remaining balance sheet accounts, prepare a statement of cash flows this year. (List any deduction in cash and cash outflows as negative amounts.) 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 owri stock. This year Weaver did not retire any bonds. oblem 15-7 Part 2 Using the information from Part 1, along with an analysis of the remaining balance sheet accounts, prepare a statement of cash flows this year. (List any deduction in cash and cash outflows as negative amounts.)
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