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Following is selected fiņancial Information of Kia Company for the current year ended December 31. $ (1,500) 850 Cash used by investing activities Net increase in cash Cash used by financing activities Cash from operating activities Cash, December 31, prior year (2,300) 4,650 4,200 Required: Prepare the statement of cash flows for Kia Company for the current year ended December 31. (Cash outflows should be ind with a minus sign.) KIA COMPANY Statement of Cash Flows For Current Year Ended December 31 %24 24

Following is selected fiņancial Information of Kia Company for the current year ended December 31. $ (1,500) 850 Cash used by investing activities Net increase in cash Cash used by financing activities Cash from operating activities Cash, December 31, prior year (2,300) 4,650 4,200 Required: Prepare the statement of cash flows for Kia Company for the current year ended December 31. (Cash outflows should be ind with a minus sign.) KIA COMPANY Statement of Cash Flows For Current Year Ended December 31 %24 24

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 13MCQ
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Following is selected financial information of Kia Company for the current year ended December 31. $ (1,500) 850 Cash used by investing activities Net increase in cash Cash used by financing activities Cash from operating activities Cash, December 31, prior year (2,300) 4,650 4,200 Required: Prepare the statement of cash flows for Kia Company for the current year ended December 31. (Cash outflows should be indi with a minus sign.) KIA COMPANY Statement of Cash Flows For Current Year Ended December 31 2$ Mc Graw < Prey 6 of 10 Next > MacBook * FS FB F9 F10 23 %24 & 4 9. Q W E T Y U G H. C V mand * co B
Transcribed Image Text:Following is selected financial information of Kia Company for the current year ended December 31. $ (1,500) 850 Cash used by investing activities Net increase in cash Cash used by financing activities Cash from operating activities Cash, December 31, prior year (2,300) 4,650 4,200 Required: Prepare the statement of cash flows for Kia Company for the current year ended December 31. (Cash outflows should be indi with a minus sign.) KIA COMPANY Statement of Cash Flows For Current Year Ended December 31 2$ Mc Graw < Prey 6 of 10 Next > MacBook * FS FB F9 F10 23 %24 & 4 9. Q W E T Y U G H. C V mand * co B
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