Question

Using the data presented in P10-21, prepare a worksheet to develop a consolidated statement of cash flows using the direct method for computing cash flows from operations.
In p10-21,




WEATHERBEE COMPANY AND SUBSIDIARY
Consolidated Retained Earnings Statement
Year Ended December 31, 20X6
Balance, January 1, 20X6 ..... $290,000
Income to Controlling Interest.... 148,000
$438,000
Dividends Declared, 20X6 ....... (65,000)
Balance, December 31, 20X6..... $373,000


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  • CreatedMay 23, 2014
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