Dayton, Inc. owns 80% of Haber Corp. The consolidated income statement for a year reports $60,000 Noncontrolling Interest in Haber Corp.'s Net Income. Haber paid dividends in the amount of $75,000 for the year. What are the effects of these transactions in the consolidated statement of cash flows for the year?
A) Option A
B) Option B
C) Option C
D) Option D
E) Option E

Question

Dayton, Inc. owns 80% of Haber Corp. The consolidated income statement for a year reports $60,000 Noncontrolling Interest in Haber Corp.'s Net Income. Haber paid dividends in the amount of $75,000 for the year. What are the effects of these transactions in the consolidated statement of cash flows for the year? 
A) Option A 
B) Option B 
C) Option C 
D) Option D 
E) Option E

Quizplus · Accepted Answer

The Answer of Dayton, Inc. owns 80% of Haber Corp. The consolidated income statement for a year reports $60,000 Noncontrolling Interest in Haber Corp.'s Net Income. Haber paid dividends in the amount of $75,000 for the year. What are the effects of these transactions in the consolidated statement of cash flows for the year? 
A) Option A 
B) Option B 
C) Option C 
D) Option D 
E) Option E