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_____ Sudee Inc

Question 42

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_____ Sudee Inc. is a 60%-owned subsidiary of Pudee Inc. For 2006, Sudee reported net income of $200,000, declared dividends of $150,000, and paid dividends of $125,000 ($25,000 remains unpaid at year-end). In the consolidated statement of cash flows for 2006, what amount would be reported for each of the following accounts using the indirect approach?
_____ Sudee Inc. is a 60%-owned subsidiary of Pudee Inc. For 2006, Sudee reported net income of $200,000, declared dividends of $150,000, and paid dividends of $125,000 ($25,000 remains unpaid at year-end). In the consolidated statement of cash flows for 2006, what amount would be reported for each of the following accounts using the indirect approach?

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