Following is selected financial information of Kia Company for the current year ended December 31. Cash...
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Following is selected financial information of Kia Company for the current year ended December 31. Cash used by investing activities Net increase in cash Cash used by financing activities Cash from operating activities Cash, December 31, prior year Required: $ (3,250) 650 (4,050) 7,950 4,100 Prepare the statement of cash flows for Kia Company for the current year ended December 31. Note: Cash outflows should be indicated with a minus sign. KIA COMPANY Statement of Cash Flows For Current Year Ended December 31 Cash from operating activities Net increase in cash 0 Cash, December 31, prior year 0 Following is selected financial information of Kia Company for the current year ended December 31. Cash used by investing activities Net increase in cash Cash used by financing activities Cash from operating activities Cash, December 31, prior year Required: $ (3,250) 650 (4,050) 7,950 4,100 Prepare the statement of cash flows for Kia Company for the current year ended December 31. Note: Cash outflows should be indicated with a minus sign. KIA COMPANY Statement of Cash Flows For Current Year Ended December 31 Cash from operating activities Net increase in cash 0 Cash, December 31, prior year 0
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