Question: Required information Problem 1 5 - 1 4 ( Algo ) Prepare a Statement of Cash Flows [ LO 1 5 - 1 , LO

Required information
Problem 15-14(Algo) Prepare a Statement of Cash Flows [LO15-1, LO15-2, LO15-3, LO15-4, LO15-5]
[The following information applies to the questions displayed below.]
Comparative financial statements for Weaver Company follow:
During this year, Weaver sold some equipment for $18 that had cost $31 and on which there was
accumulated depreciation of $10. In addition, the company sold long-term investments for $12 that had cost
$7 when purchased several years ago. Weaver paid a cash dividend and repurchased $39 of its own stock
but did not retire any bonds.
Using the indirect method, determine the net cash provided by/used in uperating activities for this year.
Note: Cash outfows and amounts to be deducted should be indicated with a minus sign.
 Required information Problem 15-14(Algo) Prepare a Statement of Cash Flows [LO15-1,

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