Question: Presented below is a condensed version of the comparative statements of financial position for Yoon Corporation for the last two years at December 31 (amounts
Presented below is a condensed version of the comparative statements of financial position for Yoon Corporation for the last two years at December 31 (amounts in millions)
2015. 2014
Investments. 52,000. 74,000
Equipment. 298,000. 240,000
Less: accumulated depreciation--equipment. (106,000) (89,000)
Accounts receivable. 180,000. 185,000
Cash. 157,000. 78,000
Share capital--ordinary. 160,000. 160,000
Retained earnings. 287,000. 177,000
Current liabilities. 134,000. 151,000
Additional information: Investments were sold at a loss of W7000; no equipment was sold; cash dividends paid were W50,000 and net income was W160,000.
Prepare a statement of cash flows for 2015 for Yoon Corporation. (show amounts that decrease cash flow with a - sign e.g. -15,000 or in parenthesis e.g. (15,000). Enter amounts in millions.)
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