Advanced Accounting
Advanced Accounting
14th Edition
ISBN: 9781260247824
Author: Joe Ben Hoyle, Thomas F. Schaefer, Timothy S. Doupnik
Publisher: RENT MCG
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Chapter 6, Problem 12Q

How do noncontrolling interest balances affect the consolidated statement of cash flows?

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How does the existence of a noncontrolling interest affect the preparation of a consolidated statement of cash flows?
What are the basic differences in the direct method vs. the indirect method of presenting the Statement of Cash Flows?
What are some of the grounds for reporting a statement of cash flows using the indirect (reconciliation) approach rather than the direct method?
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