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Anderson, Inc

question 66

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Anderson, Inc. has owned 70% of its subsidiary, Arthur Corp., for several years. The consolidated balance sheets of Anderson, Inc. and Arthur Corp. are presented below: Anderson, Inc. has owned 70% of its subsidiary, Arthur Corp., for several years. The consolidated balance sheets of Anderson, Inc. and Arthur Corp. are presented below:   Additional information for 2021:The combination occurred using the equity method. Consolidated net income was $50,000. The noncontrolling interest share of consolidated net income of Arthur was $3,200.Arthur paid $4,000 in dividends.There were no purchases or disposals of plant & equipment or copyright this year.Net cash flow from financing activities was: A)  $(28,000) . B)  $(35,000) . C)  $(13,000) . D)  $(63,000) . E)  $(61,000) . Additional information for 2021:The combination occurred using the equity method. Consolidated net income was $50,000. The noncontrolling interest share of consolidated net income of Arthur was $3,200.Arthur paid $4,000 in dividends.There were no purchases or disposals of plant & equipment or copyright this year.Net cash flow from financing activities was:


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The informal communication among consumers about their experiences with products or services, influencing opinions and behaviors.

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Informal communication that creates excitement, anticipation, or interest in a product, service, or event.

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A word-of-mouth marketing company that enlists consumers to voluntarily test products and share their opinions within their social networks.

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