Question #2 please!

determined to whom the atl The loss should be deferred until it can be To Regency because Regency is the controlling party in the business combination. rsley, Inc. owns 70 percent of Harry, Inc. The consolidated income statement for a year reports $80,000 f flows for the year? on-controlling Interest in Harry, Inc. Income. Harry paid dividends in the amount of or the year. What are the effects of these transactions in the consolidated statement of cash Financing Acivities Operating Actvities A) Increased by $24,000 Increased by $15,000 B) Decreased by $15,000 Unaffected C) Unaffected D) Decreased by $24,000 Unaffected Decreased by $15,000 Unaffected Increased by $24.000 A. Option A B. Option EB C. OptionC D. Option ID E. Option E Johnson, Inc. owns control over Kaspar, Inc. Johnson reports sales of $400,000 during 2011 while Kaspar reports $250,000. Kaspar transferred inventory during 2011 to Johnson at a price of S50,000. On December 31, 2011, 30 percent of the transferred goods are still in Johnson's inventory. Consolidated accounts receivable on January 1, 2011 was $120,000, and on December 31, 2011 is S130,000. Johnson uses the direct approach in preparing the statement of cash flows. How much is cash collected from customers in the consolidated statement of cash flows? 3. A $590,000 $610,000 C. $625,000. D. $635,000 E. $650,000