Anderson, Inc

question 9

Multiple Choice

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).

Evaluate the effects of immigration laws and policies on the racial and ethnic diversity of the United States.

Understand the changing significance of race in the United States.

Identify and analyze the formation and impact of ethnic enclaves.

Examine the differing viewpoints on race-specific policies, such as affirmative action.

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Definitions:

Fiduciary Duty

A duty to act in the best interests of another; such duty may arise between directors and officers and the corporation they serve, between business associates including senior employees and their employer, between agents and their principals, and between partners, also called utmost good faith.

Passing-Off

The tort of misleading the public about the identity of a business or product.

Employment Contract

A formal agreement specifying the terms and conditions of the relationship between an employer and an employee.

Trademark

A symbol, word, or phrase legally registered or established by use as representing a company or product.