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denis-greek [22]
3 years ago
13

Cite 3 reasons for and 3 reasons against rebuilding Greensburg as a “green town.”

Business
1 answer:
Arte-miy333 [17]3 years ago
7 0

Answer:

The reasons for re-building Greensburg as a "green town" are:

  1. It is a decision that is good for the future environmentally. It is going to help reduce waste and protect the environment. See paragraph 3
  2. It is a sign of progress. Progress is natural. The tornado had torn down the town making it look like a post-war zone. It's an opportunity to recreate the town making it into the best possible town it could be. See paragraph 6
  3. It would make for new schools, new hospitals, new museums. All of these would help create a new and more efficient system/town. See paragraph 3 and 6.

The reasons against rebuilding Greensburg as a "green town" are:

  1. Not everyone in Greensburg bought into the idea. It seemed to be the idea of a select few. A good idea that was not well thought out. See paragraph 7. The process of agreeing to build or not to build was not democratic.
  2. The town didn't have the money for such kind of project at that time. It had just been torn down. To embark on such a project would require enormours injection of funds. That meant that the people of Greensburg who were just recovering from the tornado would be subjected to heavy taxes for a long time to be able to cover the cost of green buildings/ projects which were relatievly expensive. See paragraph 8.
  3. It was proper to reinstate businesses first. These were the major contributors to the towns' economy. The more businesses Greensburg has, the more tax revenue it can earn. The more it earns, the more "green" projects it can take on.

Cheers!

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Answer:

$10,619.05

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When sales is made at a tax rate of 5%, the entries to be posted in the proportion of the transaction amount

Dr Cash/ Accounts receivable 105%

Cr Sales revenue 100%

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As such, if Sales Account totals $223,000 which includes both the sales revenue and the sales tax on the sales, it means that the accounts contains 105%, as such, the sales tax which is the amount owed the taxing agency

= 5/105 * $223,000

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Answer:

<u>PART 1:</u> Wilson Trucking Company reported Net Income of $15,854  for the year ended December 31, 2017.

<u>PART 2:</u> As per the statement of changes in equity, K. Wilson Capital Account Balance as at December 31, 2017 is $190,124

* Please note that figures in brackets represent negative values.

Explanation:

<u>PART 1</u>    

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                     Income Statement for the year ended December 31, 2017

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<u>Less Expenses:</u>  

Depreciation expense of Trucks                                  $(26,043)

Salaries expense                                                          $(54,170)

Office supplies expense                                          $(9,500)

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<u>PART 2</u>  

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Less: K. Wilson withdrawals during the year                                  $(19,000)

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