Business, 29.03.2021 22:20 HUNIXX6561
Moon Company owns 56 million shares of stock as a long-term investment in Center Company and Moon does not have significant influence over Center. During 2021, the fair value of those shares increased by $34 million. What effect does this increase have on Moon's 2021 adjustments in the statement of cash flows? Multiple Choice Cash flow from investing activities will be increased. Cash flow from financing activities will be increased. No effect. Cash flow from operating activities will be decreased.
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Moon Company owns 56 million shares of stock as a long-term investment in Center Company and Moon do...
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