Question
Set forth below is selected financial information for the Kia Company for the year ended December 31, 2019. Cash used for investing activities ps (2,000
Set forth below is selected financial information for the Kia Company for the year ended December 31, 2019.
Cash used for investing activities | ps | (2,000 | ) |
Net increase in cash | 700 | ||
Cash used for financing activities | (2,800 | ) | |
Cash from operating activities | 5,500 | ||
Effective December 31, 2018 | 3,300 | ||
Required:
Prepare the 2019 year-end statement of cash flows for the Kia Company. (Cash outflows should be indicated with a minus sign.)
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
24th edition
1259916960, 978-1259916960
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