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Over [174]
3 years ago
8

Pursley, Inc. owns 70 percent of Harry Corp. The consolidated income statement for a year reports $50,000 Noncontrolling Interes

t in Harry Corp.’s Net Income. Harry paid dividends in the amount of $80,000 for the year. What are the effects of these transactions in the consolidated statement of cash flows for the year?
Business
1 answer:
jek_recluse [69]3 years ago
7 0

Answer:

This $24,000 reflect under the financing activities

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

The dividend is paid $80,000 and owns 70 percent so the final amount would be = $80,000 × 70% = $56,000

So, the cash outflow would be = $80,000 - $56,000 = $24,000

This $24,000 reflect under the financing activities

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Answer:

Correct Answer:

c. Low-income developing countries are catching up to high-income industrial countries.

Explanation:

The evidence which shows that low income developing countries are catching up to high-income industrial countries could be found in the series of developmental strides made by some countries like Rwanda, Kenya, Tanzania, Indonesia, Vietnam etc over the years. <em>Most of their achievements is at par with most European countries in different sectors such as educational, and social sectors.</em>

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3 years ago
3. A los factores productivos, dentro del proceso<br> de producción, también se conoce como..
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Answer:

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Shroden is a consumer goods manufacturer. It manufactures cookies, batteries, toothpaste, and soap. In the context of operations
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inventory

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And since he targets to sell them and earn profit, all these manufactured products is the inventory of his business.

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4 years ago
Whenever Congress has a perceived need for ongoing control of an economic activity, it has tended to create a a. regulatory agen
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Whenever Congress has a perceived need for ongoing control of economic activity, it has tended to create a cabinet department.

The Vice President and the secretaries of agriculture, commerce, defense, education, energy, health and human services, homeland security, housing and urban development, interior, labor, state, transportation, and veterans affairs make up the cabinet. Cabinets come in three varieties: inset, full overlay, and partial overlay. Each phrase refers to the way a cabinet door or drawer rests against or inside a cabinet frame. The three varieties of cabinets also stand for various price ranges and fashion trends. Such a division is frequently referred to as the Prime Minister's Office. Various other nations have cabinet offices.

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