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In Its 2018 Annual Report to Shareholders, Sisters Corporation Included

Question 107

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In its 2018 Annual Report to Shareholders, Sisters Corporation included the following information on cash flows from operations:
In its 2018 Annual Report to Shareholders, Sisters Corporation included the following information on cash flows from operations: -Explain why Sisters Corporation subtracts equity income from its net income in its measurement of cash flows.

-Explain why Sisters Corporation subtracts equity income from its net income in its measurement of cash flows.

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Under the equity method, income accrues ...

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