Question
Following is selected financial information of Kia Company for the year ended December 31, 2019. Cash used by investing activities $ (2,000 ) Net increase
Following is selected financial information of Kia Company for the year ended December 31, 2019.
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Cash used by investing activities | $ | (2,000 | ) |
Net increase in cash |
| 700 |
|
Cash used by financing activities |
| (2,800 | ) |
Cash from operating activities |
| 5,500 |
|
Cash, December 31, 2018 |
| 3,300 |
|
Required: Prepare the 2019 year-end statement of cash flows for Kia Company. (Cash outflows should be indicated with a minus sign.)
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