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The Balance Sheets of Butler, Inc $100,000\$ 100,000
- Cassie Paid

Question 105

Multiple Choice

The balance sheets of Butler, Inc. and its 70 percent-owned subsidiary, Cassie Corp., are presented below:  The balance sheets of Butler, Inc. and its 70 percent-owned subsidiary, Cassie Corp., are presented below:   Additional information for 2013: - Butler \& Cassie's consolidated net income was  \$ 100,000 . - Cassie paid  \$ 10,000  in dividends. - There were no disposals of plant \& equipment or copyright this year. Net cash flow from financing activities was: A) $(129,000) . B) $(96,000) . C) $(300,000) . D) $(80,000) . E) $(126,000) . Additional information for 2013: - Butler \& Cassie's consolidated net income was $100,000\$ 100,000 .
- Cassie paid $10,000\$ 10,000 in dividends.
- There were no disposals of plant \& equipment or copyright this year. Net cash flow from financing activities was:


A) $(129,000) .
B) $(96,000) .
C) $(300,000) .
D) $(80,000) .
E) $(126,000) .

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