Where Do Dividends Paid to the Noncontrolling Interest of a Subsidiary

question 44

Multiple Choice

Where do dividends paid to the noncontrolling interest of a subsidiary appear on a consolidated statement of cash flows?

• A) Cash flows from operating activities.
• B) Cash flows from investing activities.
• C) Cash flows from financing activities.
• D) Supplemental schedule of noncash investing and financing activities.
• E) They do not appear in the consolidated statement of cash flows.

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Definitions:

Developing Nations

Countries that are in the process of industrialization and have lower per capita income levels compared to developed countries.

Annual Revenues

The total amount of income generated by a business or organization from its activities over the course of a year.

Wal-Mart

A multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores.

High-income Economies

Countries with a high gross national income per capita, according to classification by international financial institutions like the World Bank.