Anderson, Inc

question 35

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 financing activities was:

• A) $(28,000).
• B) $(35,000).
• C) $(13,000).
• D) $(63,000).
• E) $(61,000).

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