Answer:
The beginning balance in accounts receivable was: $47,500
Explanation:
Sales reported on the income statement were $385,500, Accounts receivable increased of $385,500 during the period.
Sales, adjusted to a cash basis using the direct method on the statement of cash flows, were $359,000. The company collected $359,000 from the sales. Accounts receivable decreased of $359,000 during the period.
The beginning balance in accounts receivable = The ending balance of accounts receivable + Accounts receivable decreased during the period - Accounts receivable increased during the period = $74,000 + $359,000 - $385,500 = $47,500
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Answer:
$1,750
Explanation:
First, we have to calculate the assessed value which can be determined using the below formula:
Assessed value=Appraised value of home*assessment level
=125,000*35%
=$43,750
The next step is to calculate the cost of each mill which can be calculated using the following formula:
Cost of each mill=Assessed value/1000
=43750/1000
=43.75
The final step is to find the annual taxes, which can be calculated using the following formula:
Annual taxes=cost of each mill*number of mills
=43.75*40
=$1,750
Answer:
Californian citizen
Explanation:
For a Californian citizen, the maximum number of meals and units of leisure they could possibly acquire per day are:
For a Mississippi citizen, the maximum number of meals and units of leisure they could possibly acquire per day are:
Both citizens can acquire the same number of meals, but the Californian citizen can acquire twice as many units of leisure than the Mississippi citizen. Therefore, the Californian citizen is more well-off in terms of the bundles of goods they can consume.
It was theorised by some conflict theorists that the education had made the students socialise into values dictated by the powerful. Furthermore, these conflict theorists believe that there would always be groups that would impose dominance to the less powerful in the society.
