Wolff Corporation owns 70 percent of the outstanding stock of Donald, Inc. During the current year, Donald made $75,000 in sales to Wolff. How does this transfer affect the consolidated statement of cash flows?
A. Included as a decrease in the investing section.
B. Included as a decrease in the operating section.
C. Included as an increase in the operating section.
D. Not reported in the consolidated statement of cash flows.
E. Included as an increase in the investing section.
Answer: D
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Which of the following statements is most likely true about unsought products?
A) Unsought products are consumer products and services that customers buy frequently. B) Marketers use aggressive advertising to convince consumers to buy unsought products. C) Unsought products are typically purchased for further processing by industrial manufacturers. D) Compared to convenience products, unsought products are purchased more frequently. E) Unsought products offer many unique characteristics to status-conscious consumers.
What does a classic “two-score score” in a venture concept reality check consists of?
a. The percentage of target customers responding they are likely and very likely to buy the concept presented to them b. The percentage of target customers likely to continue buying the existing solutions c. The percentage of target customers responding they are not likely and very unlikely to buy the concept presented to them d. None of the above
Paul is explaining to upper-level management how converting to a four-day workweek can solve their budget woes by decreasing expenses. How will he most likely organize his presentation?
A) Geography/space B) Chronological C) Problem/solution D) Value/size
Under Section 16 of the Securities Act of 1934, a statutory insider includes any shareholder
owning five percent or more of an equity security of a corporation. Indicate whether the statement is true or false