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

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For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?

Rosie and her brother michael decided recently to purchase an rv together. they both want to use the rv to take their families camping. the price of the rv was $10,000. since michael expects to use the rv 60% of the time and rosie 40% of the time, michael contributed $6,000 and rosie contributed $4,000. their ownership percentage equals their contribution percentage. which type of property titling should they use to reflect their ownership interest?