Use the Following Information to Solve the Following Questions

question 89

Multiple Choice

Use the following information to solve the following questions:
Red Corp. owns 3,000 of the 10,000 outstanding common shares of Grey Corp. and exercises significant influence. During 2020, Grey reported net income of $ 120,000 and paid total cash dividends of $ 40,000.
-If the beginning 2020 balance in the Investment in Grey Corp. account was $ 180,000, the balance at December 31, 2020 should be

• A) $ 260,000.
• B) $ 204,000.
• C) $ 180,000.
• D) $ 132,000.

Identify health disparities as differences closely linked to social, economic, and environmental disadvantages.

Understand the determinants of health as a complex interplay of various factors.

Acknowledge the importance of matching health documents and verbal instructions to the recipient’s literacy level for effective comprehension.

Recognize the value of national goals and objectives, such as Healthy People 2020, in guiding health programs and evaluations.

---

Definitions:

Financing Cash Flow

Cash flow related to the financing activities of a business, including issuing or buying back shares, debt issuance, and payment of dividends.

Indirect Method

A way to report cash flows from operating activities by starting with net income and adjusting for non-cash transactions.

Accrual Earnings

Earnings that are recognized when revenues are earned and expenses are incurred, not necessarily when cash is received or paid.

Reconciliation

The process of ensuring that two sets of records (usually the balances of two accounts) are in agreement.