The Balance Sheets of Butler, Inc $\$ 100,000$
- Cassie Paid

question 83

Multiple Choice

The balance sheets of Butler, Inc. and its 70 percent-owned subsidiary, Cassie Corp., are presented below: Additional information for 2013: - Butler & Cassie's consolidated net income was $\$ 100,000$ .
- Cassie paid $\$ 10,000$ in dividends.
- There were no disposals of plant & equipment or copyright this year. Net cash flow from operating activities was:

• A)$92,000.
• B)$27,000.
• C)$63,000.
• D)$29,000.
• E)$34,000.

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