Presented below is a condensed version of the comparative statements of financial position for Yoon Ltd. for
Question:
Presented below is a condensed version of the comparative statements of financial position for Yoon Ltd. for the last 2 years at December 31 (amounts in millions).
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Additional information:
Investments were sold at a loss of ₩7,000; no equipment was sold; cash dividends paid were ₩50,000; and net income was ₩160,000.
Instructions
a. Prepare a statement of cash flows for 2019 for Yoon Corporation.
b. Determine Yoon Corporation's free cash flow.
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Step by Step Answer:
a YOON LTD Statement of Cash Flows For the Year Ended December 31 2019 Cash flows from operating act...View the full answer
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Related Book For 
Intermediate Accounting IFRS
ISBN: 978-1119372936
3rd edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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