What would differ between a statement of cash flows for a consolidated company and an...
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Accounting
What would differ between a statement of cash flows for a consolidated company and an unconsolidated company using the indirect method? Multiple Choice Loss on sale of equipment would be added to net income. Proceeds from the sale of longterm investments would be added to investing activities. Parent's dividends would be subtracted as a financing activity. Gain on sale of land would be deducted from net income. Noncontrolling interest in net income of subsidiary would be added to net income.
What would differ between a statement of cash flows for a consolidated company and an unconsolidated company using the indirect method?
Multiple Choice
Loss on sale of equipment would be added to net income.
Proceeds from the sale of longterm investments would be added to investing activities.
Parent's dividends would be subtracted as a financing activity.
Gain on sale of land would be deducted from net income.
Noncontrolling interest in net income of subsidiary would be added to net income.
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