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TB MC Qu. 06-69 Dayton, Inc. owns 80% of Haber... Dayton, Inc. owns 80% of Haber Corp. The consolidated income statement for a year reports
TB MC Qu. 06-69 Dayton, Inc. owns 80% of Haber... 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? Financing Activities A) Increased by $15,000 B) Decreased by $12,000 C) Unaffected D) E) Decreased by $15,000 Unaffected Operating Activities Increased by $12,000 Unaffected Decreased by $12,000 Unaffected Increased by $15,000
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