Anderson, Inc

question 101

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 2011:

Net cash flow from operating activities was:

• A) $43,000.
• B) $44,800.
• C) $46,200.
• D) $50,000.
• E) $25,000.

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Definitions:

Majority Voting

A voting system in which decisions are made based on the preference of more than half of the participants.

Community's Preference

A concept in economics and social sciences that refers to the collective decision-making or tastes of a community as a whole.

Paired-Choice Votes

A voting method in which voters choose between pairs of candidates or options in a series of rounds to determine the most preferred option or candidate.

Paradox of Voting

The paradox of voting is a situation where the costs of voting (time, effort) exceed the apparent benefits, given the low probability of one vote being decisive, yet people still vote.