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Company P purchased an 8 0 % interest in Company S on January 1 , 2 0 1 6 , at a price in excess
Company P purchased an interest in Company S on January at a price in excess of book value, such that a patent arises in the consolidation process. As a result of amortizing the patent on the consolidated income statement, an adjustment would be required in which section of the consolidated statement of cash flows?
Operating Investing Financing No Adjustment
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