MS

P$10-17$ Direct Method Computation of Cash Flows

Putter Corporation owns $70$ percent of the voting common stock of Sand Company. At December $31,20x1,$ the companies reported the following:

Additional Consolidation Reporting Issues

$\backslash$table$[[,\backslash$table$[[$Putter$],[$Corporation$]],\backslash$table$[[$Sand$],[$Company$]]],[\backslash$table$[[$Sales$,201$