Kraco Corporation reported 2010 set income of $450,000, includang the effects of deprecaation expense of $60,000, and amortization expense on a patest of $10,000. Also, cash of $50,000 was borrowed on a 5-year note payable.

Based on this data, total cash inflow from operating activities using the indirect method for 2010 was:

a. 1470.000

b. 440,000

c. 570,000

d. 520,000

How can a poor housing market put home buyers in a financially unstable position? a. changing property values means it’s easier to find homes with low rental costs. b. when the home value decreases, property taxes and insurance costs increase. c. houses are valued lower than their purchase prices, so the home equity decreases. d. home buyers lose all tax benefits and tax incentives when the housing market goes down. e. mortgage payments can increase even though the home value decreases.

What is a sort of auction for stocks in which traders verbally submit their offers?

Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?