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QUESTION 2 Prepare a Statement of Cash Flows for the Year Ending December 31, 2017 for the Jentayu Corporation from the following Income Statement &

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QUESTION 2 Prepare a Statement of Cash Flows for the Year Ending December 31, 2017 for the Jentayu Corporation from the following Income Statement & Balance Sheet. Jentayu Corporation Income Statement For the Year Ended 31 December, 2018(in RM Millions) RM 600 460 140 20 15 35 Sales (-) Cost of goods sold Gross profits (-) Operating expenses: Selling expenses General & administrative expenses Total operating expenses EBITDA Depreciation expense EBIT Interest expense EBT Taxes Net income Dividend paid to stockholders Addition to retained earnings 30 75 15 60 18 42 6

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