The Following Information Was Derived from the 2017 Consolidated Financial

Question 56
Essay

The following information was derived from the 2017 consolidated financial statements of X Inc., which owns 80% of Y Inc. as well as 40% of Z Inc.: img The cash balance at the start of 2017 was $200,000. Required: Prepare the consolidated statement of cash flows for Lime Inc for the year ended December 31, 2017.