Please Solve all required and Do not Give Image format Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activitiessection of its statement of cash flows. Its balance sheet for this year is as follows:Ending Balance Beginning Balance$ 126,600$ 152,250107,800122,500Cash & cash equivalentsAccounts receivableInventoryTotal current assetsProperty, plant, and equipmentLess accumulated depreciation100,000134,300360,900354,000118,000236,000Net property, plant, and equipmentTotal assetsAccounts payableIncome taxes payableBonds payableCommon stockRetained earnings139,200Total liabilities and stockholders' equity $596,900$ 639,800During the year, Ravenna paid a $14,700 cash dividend and it sold a piece of equipment for $7,350 thathad originally cost $17,400 and had accumulated depreciation of $11,600. The company did not retire anybonds or repurchase any of its own common stock during the year.382,550343,00085,750$ 596,900$ 78,40060,800147,000171,500257,250$ 639,800$ 139,20083,100122,500147,000148,00012. What is the amount of gross cash outflows reported in the investing section of the company'sstatement of cash flows?13. What is the company's net cash provided by (used in) investing activities?14. What is the amount of gross cash inflows reported in the financing section of the company's statementof cash flows?15. What is the company's net cash provided by (used in) financing activities?

Name: Please Solve all required and Do not Give Image format Ravenna Compan
Uploaded: 2024-03-04T10:43:15.000Z
Channel: Bartleby
Description: Please Solve all required and Do not Give Image format Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activitiessection of its statement of cash flows. Its balance sheet for this year is as follows:Ending Ba