Question: Using the indirect method, determine the net cash provided by/used in operating activities for this tear. (list any deduction in cash ans cash outflows as


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 \\( \\$ 13 \\) that had cost \\$6 when purchased several years ago. Weaver paid a cash dividend this year and the company repurchased \\( \\$ 41 \\) of its own stock. This year Weaver did not retire any bonds. Required: Using the indirect method, determine the net cash provided by/used in operating activities for this year. (List any leduction in cash and cash outflows as negative amounts.) Comparative financial statements for Weaver Company follow
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