WOULD REALLY APPRECIATE THE HELP THANKS !! The following changes took place last

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WOULD REALLY APPRECIATE THE HELP THANKS !!

The following changes took place last year in Pavolik Company’s balance sheet accounts:

      Long-term investments that had cost the company $14 were sold during the year for $32, and land that had cost $31 was sold for $17. In addition, the company declared and paid $11 in cash dividends during the year. Besides the sale of land, no other sales or retirements of plant and equipment took place during the year. Pavolik did not retire any bonds during the year or issue any new common stock.

Using the indirect method, determine the net cash provided by / used in operating activities for the year.(List any deduction in cash and cash outflows as negative amounts.)

Prepare a statement of cash flows for the year. (List any deduction in cash and cash outflows as negative amounts.)

Using the indirect method, determine the net cash provided by / used in operating activities for the year.(List any deduction in cash and cash outflows as negative amounts.)

WOULD REALLY APPRECIATE THE HELP THANKS !!

The following changes took place last year in Pavolik Company’s balance sheet accounts:

Explanation / Answer

WOULD REALLY APPRECIATE THE HELP THANKS !! The following changes took place last

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