Following is selected financial information of Kia Company for the year ended December 31, 2015. Cash used by investing activities
Question:
Following is selected financial information of Kia Company for the year ended December 31, 2015.
Cash used by investing activities . . . . . . . . . $(2,000)
Net increase in cash . . . . . . . . . . . . . . . . . . . 1,200
Cash used by financing activities . . . . . . . . . (2,800)
Cash from operating activities . . . . . . . . . . 6,000
Cash, December 31, 2014 . . . . . . . . . . . . . 2,300
Required
Prepare the 2015 statement of cash flows for Kia Company.
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Step by Step Answer:
Related Book For
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
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Question Posted: April 23, 2015 02:48:51