Goehring, Inc

question 10

Multiple Choice

Goehring, Inc. owns 70 percent of Harry Corp. The consolidated income statement for a year reports $40,000 Non-controlling Interest in Harry Corp.'s Income. Harry paid dividends in the amount of $100,000 for the year. What are the effects of these transactions in the consolidated statement of cash flows for the year?

• A) Increase in the financing section of $70,000, and decrease in the operating section of $30,000.
• B) Increase in the operating section of $70,000, and decrease in the financing section of $30,000.
• C) Increase in the operating section of $70,000.
• D) Decrease in the financing section of $30,000.
• E) No effects.

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Definitions:

Assess Description

The act of evaluating and detailing characteristics or conditions in a specific context or scenario.

Initial Phase Counseling Task

Tasks or objectives focused on at the start of therapy, often including establishing rapport, setting goals, and assessing the client's issues.

Reduce Symptoms

The goal of many therapeutic approaches aimed at lessening the severity or presence of problematic or distressing signs of a condition.

Build Rapport

The process of establishing a connection and a trusting relationship between a therapist and a client, often seen as foundational for effective therapeutic work.