Cash flow refers to the amount of cash and cash equivalent inflow or outflow of the business. Positive cash flow results in increasing the liquid asset of the company which can be further used for making more investment or for making payment of expenses related to operations of business while decreasing cash flow results in decrease in liquid asset of the company. The statement of cash flow is prepared by adding the amount of cash flow from the three activities of business i.e. operating activities, investing activities and financing activities. To determine: We have to prepare statement of cash flow for Kia Company for the year ended December 31, 2015.

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Answer 1

Question

Chapter 1, Problem 6APSA

To determine

Cash flow refers to the amount of cash and cash equivalent inflow or outflow of the business. Positive cash flow results in increasing the liquid asset of the company which can be further used for making more investment or for making payment of expenses related to operations of business while decreasing cash flow results in decrease in liquid asset of the company.

The statement of cash flow is prepared by adding the amount of cash flow from the three activities of business i.e. operating activities, investing activities and financing activities.

To determine:

We have to prepare statement of cash flow for Kia Company for the year ended December 31, 2015.

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Answer 2

Question

Chapter 1, Problem 6APSA

To determine

Cash flow refers to the amount of cash and cash equivalent inflow or outflow of the business. Positive cash flow results in increasing the liquid asset of the company which can be further used for making more investment or for making payment of expenses related to operations of business while decreasing cash flow results in decrease in liquid asset of the company.

The statement of cash flow is prepared by adding the amount of cash flow from the three activities of business i.e. operating activities, investing activities and financing activities.

To determine:

We have to prepare statement of cash flow for Kia Company for the year ended December 31, 2015.

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Answer 3

Question

Chapter 1, Problem 6APSA

To determine

Cash flow refers to the amount of cash and cash equivalent inflow or outflow of the business. Positive cash flow results in increasing the liquid asset of the company which can be further used for making more investment or for making payment of expenses related to operations of business while decreasing cash flow results in decrease in liquid asset of the company.

The statement of cash flow is prepared by adding the amount of cash flow from the three activities of business i.e. operating activities, investing activities and financing activities.

To determine:

We have to prepare statement of cash flow for Kia Company for the year ended December 31, 2015.

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Answer 4

Question

Chapter 1, Problem 6APSA

To determine

Cash flow refers to the amount of cash and cash equivalent inflow or outflow of the business. Positive cash flow results in increasing the liquid asset of the company which can be further used for making more investment or for making payment of expenses related to operations of business while decreasing cash flow results in decrease in liquid asset of the company.

The statement of cash flow is prepared by adding the amount of cash flow from the three activities of business i.e. operating activities, investing activities and financing activities.

To determine:

We have to prepare statement of cash flow for Kia Company for the year ended December 31, 2015.

Expert Solution & Answer

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Answer 5

Chapter 1, Problem 6APSA

To determine

Cash flow refers to the amount of cash and cash equivalent inflow or outflow of the business. Positive cash flow results in increasing the liquid asset of the company which can be further used for making more investment or for making payment of expenses related to operations of business while decreasing cash flow results in decrease in liquid asset of the company.

The statement of cash flow is prepared by adding the amount of cash flow from the three activities of business i.e. operating activities, investing activities and financing activities.

To determine:

We have to prepare statement of cash flow for Kia Company for the year ended December 31, 2015.

Answer 6

Chapter 1, Problem 6APSA

To determine

Cash flow refers to the amount of cash and cash equivalent inflow or outflow of the business. Positive cash flow results in increasing the liquid asset of the company which can be further used for making more investment or for making payment of expenses related to operations of business while decreasing cash flow results in decrease in liquid asset of the company.

The statement of cash flow is prepared by adding the amount of cash flow from the three activities of business i.e. operating activities, investing activities and financing activities.

To determine:

We have to prepare statement of cash flow for Kia Company for the year ended December 31, 2015.

Answer 7

Chapter 1, Problem 6APSA

To determine

Cash flow refers to the amount of cash and cash equivalent inflow or outflow of the business. Positive cash flow results in increasing the liquid asset of the company which can be further used for making more investment or for making payment of expenses related to operations of business while decreasing cash flow results in decrease in liquid asset of the company.

The statement of cash flow is prepared by adding the amount of cash flow from the three activities of business i.e. operating activities, investing activities and financing activities.

To determine:

We have to prepare statement of cash flow for Kia Company for the year ended December 31, 2015.

Answer 8

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Answer 9

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Answer 10

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Answer 11

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