ween pretax accounting income and taxable income were as follows during 2021: ($ in millions) Pretax accounting income $ 330 Permanent difference (27 ) 303 Temporary difference (19 ) Taxable income $ 284 The cumulative temporary difference as of the end of 2021 is $52 million (also the future taxable amount). The enacted tax rate is 25%. What is the deferred tax asset or liability to be reported in the balanc

Answers

Answer 1

The deferred tax asset or liability to be reported in the balance is $13 million.

The following calculation can be used to determine the asset or liability for deferred taxes:

Cumulative Temporary Difference x Enacted Tax Rate = Deferred Tax

The total temporary difference in this case is $52 million, and the actual tax rate is 25%. Therefore,

$52 million times 25% = deferred tax.

Deferred Tax = $13,000,000

The cumulative temporary difference reflects a deferred tax burden for the business because it is a future taxable item. Therefore, $13 million in deferred tax liability must be shown on the balance sheet.

The deferred tax liability to be disclosed in the balance sheet is therefore $13 million, which is the answer to the question.

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Complete question

Ween pretax accounting income and taxable income were as follows during 2021: ($ in millions) Pretax accounting income $ 330 Permanent difference (27 ) 303 Temporary difference (19 ) Taxable income $ 284 The cumulative temporary difference as of the end of 2021 is $52 million (also the future taxable amount).

The enacted tax rate is 25%. What is the deferred tax asset or liability to be reported in the balance?


Related Questions

A cat, Mr. Kittles, is raised in complete darkness. During development, Mr. Kittles is only ever exposed to horizontally oriented visual stimuli. What would you expect Mr. Kittles to do if you presented him with a vertically oriented visual stimulus when he was an adult cat

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If Mr. Kittles, the cat, was raised in complete darkness and only exposed to horizontally oriented visual stimuli during development, it's likely that he would have difficulty processing a vertically oriented visual stimulus as an adult cat.

It is given that if Mr. Kittles was raised in complete darkness and was only exposed to horizontally oriented visual stimuli during development. If he is presented to a vertically oriented visual stimulus as an adult cat it is likely that he would have difficulty processing and responding.

This is because his visual system would not have developed the necessary neural connections and abilities to perceive and process vertical stimuli. Therefore, he may not recognize the vertical stimulus or may struggle to orient himself towards it. It is also possible that Mr. Kittles may exhibit fear or anxiety towards the unfamiliar vertical stimulus due to his lack of exposure and experience with it.

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Giles Corporation borrowed $675,000 from Midwest Bank during the year. Where would this transaction appear on the Statement of Cash Flows

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The transaction where Giles Corporation borrowed $675,000 from Midwest Bank would appear in the financing activities section of the Statement of Cash Flows.

The Statement of Cash Flows categorizes cash flows into three main sections: operating activities, investing activities, and financing activities. Each section captures different types of cash flows related to a company's operations, investments, and financing sources. Borrowing money from a bank falls under the financing activities section because it involves obtaining funds from external sources to finance the company's operations or investments. This section reports cash inflows and outflows related to debt financing, equity financing, and other financing activities. When Giles Corporation borrows $675,000 from Midwest Bank, it would be considered a cash inflow from financing activities because it represents an increase in the company's borrowing capacity and its liabilities. The specific amount borrowed would be reported as a positive value in the financing activities section of the Statement of Cash Flows.

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bring sensory information from the spinal cord to the somatosensory region of the cerebral cortex. are composed of alpha motor neurons. consist of many interneurons linked synaptically. are descending motor pathways. begin in the cortex of the cerebellum.

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The pathway that brings sensory information from the spinal cord to the somatosensory region of the cerebral cortex involves interneurons, which are linked synaptically and play a critical role in processing and transmitting this sensory information.

This pathway does not primarily consist of alpha motor neurons or descending motor pathways and does not begin in the cortex of the cerebellum. The statement refers to the pathway involved in transmitting sensory information from the spinal cord to the somatosensory region of the cerebral cortex. This pathway typically involves multiple interneurons, which are neurons located between sensory neurons and motor neurons. These interneurons play a crucial role in relaying and processing sensory information within the spinal cord and facilitating the transmission of that information to the somatosensory region of the cerebral cortex.

The other statements in the list are not entirely accurate in describing this specific pathway: "Bring sensory information from the spinal cord to the somatosensory region of the cerebral cortex" is a correct description of the pathway. "Are composed of alpha motor neurons" refers to the motor pathways, which are not directly involved in transmitting sensory information.

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The traditional number of Hindu gods and goddesses eventually grew to

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The traditional number of Hindu gods and goddesses eventually grew to a vast and varied pantheon. Hinduism is an ancient religion with a rich mythology and a diverse range of deities.

The growth in the number of gods and goddesses can be attributed to several factors. One factor is the assimilation of local and regional deities into the Hindu pantheon. As Hinduism spread across different regions of the Indian subcontinent, it absorbed local beliefs and deities, incorporating them into its cosmology. This process led to the inclusion of numerous regional gods and goddesses, resulting in the expansion of the pantheon.

Additionally, Hinduism embraces the concept of divine manifestations or avatars, where deities take different forms to fulfill specific roles and purposes. The belief in multiple avatars and manifestations of the divine contributes to the proliferation of gods and goddesses within Hinduism. Furthermore, the nature of Hinduism itself as a pluralistic and inclusive religion allows for a wide range of personal and regional devotion. Individuals and communities have the freedom to worship specific deities based on their preferences and affiliations, leading to a multitude of gods and goddesses being revered across different contexts.

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cindy has worked from home as a freelancer ever since she had a baby. now that her baby, hailey, is 15 months old, cindy has accepted a full-time job offer. every day when cindy drops hailey off at the day care, hailey screams and cries for a couple of minutes. which of the following terms best describes hailey's behavior?

Answers

Hailey's behavior can be described as separation anxiety. Separation anxiety is a common behavior observed in infants and toddlers when they are separated from their primary caregiver.

The distress and crying exhibited by Hailey when her mother leaves for work is a common symptom of separation anxiety.

This behavior is due to the fact that infants and toddlers at this age are still developing a sense of object permanence, which is the ability to understand that objects and people still exist even when they are not visible.

The anxiety they feel during separation is caused by the fear that their caregiver will not return. This behavior can be stressful for both the child and the parent, but it is a normal part of child development.

Over time, as Hailey becomes more familiar with the day care environment and her caregivers, her separation anxiety may decrease.

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Imagine an enzyme is catalyzing a chemical reaction that joins together monomer subunits into a long chain (the subunits are forming polymers in the reaction). In order for this reaction to occur:

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In order for the enzyme-catalyzed reaction of joining monomer subunits into a long chain (forming polymers) to occur, several factors are required, including the presence of the enzyme, appropriate substrate molecules, a favorable environment, and the input of energy.

For the enzyme-catalyzed reaction to occur, the enzyme responsible for the reaction must be present. Enzymes are biological catalysts that facilitate chemical reactions by lowering the activation energy required for the reaction to proceed.  In addition to the enzyme, the presence of appropriate substrate molecules is essential. The monomer subunits must be available in sufficient quantities for the reaction to proceed. These subunits typically have specific functional groups that can react with each other under the influence of the enzyme.

Furthermore, the reaction requires a favorable environment, including suitable pH, temperature, and other necessary conditions. Enzymes have specific optimal conditions under which they function most effectively, and maintaining these conditions is important for the reaction to occur efficiently. Lastly, the input of energy is usually required for the formation of polymers. This energy can come from various sources, such as ATP (adenosine triphosphate) in biological systems or external sources in other chemical reactions.

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Dr. Bloedorn is a health psychologist who researches nutrition. She is curious as to whether a new drink additive will help people consume fewer calories during a meal. The drink additive is a white, odorless, tasteless powder that a person can add to any drink. She collects a random sample of 63 overweight students on campus and measures the calories they eat during lunch, using a bomb calorimeter. She then gives this additive to the same 63 participants to use at dinner and measures how many calories they eat (again, using the bomb calorimeter).Which of the following threats to internal validity will Dr. Bloedorn be worried about?

i. History

ii. Attrition

iii. Instrumentation

iv. Placebo effects

Answers

Dr. Bloedorn will be worried about the threats to internal validity of option ii. attrition and option iv. placebo effects.

Dr. Bloedorn will be worried about the threat of placebo effects on the internal validity of her study. Since the drink additive is odorless, tasteless, and white, participants may not be able to distinguish whether they received the additive or not. This could lead to a placebo effect, where participants may believe they consumed the additive and subsequently alter their behavior during the dinner meal, resulting in inaccurate data.

To control for this threat, Dr. Bloedorn may consider implementing a double-blind study design, where neither the participants nor the researchers know who received the additive or a placebo. This would ensure that any changes in behavior during the dinner meal are solely due to the additive and not the result of participant expectations or biases. Overall, controlling for placebo effects is crucial in any study that involves measuring the effectiveness of a new intervention.

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A legal document that informs the tenant that he/she has three straight days to pay all past due rent, vacate the premises, or face an unlawful detainer court action is known as a(n):

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A legal document that informs the tenant that he/she has three straight days to pay all past due rent, vacate the premises, or face an unlawful detainer court action is known as a three-day notice.

A three-day notice, also referred to as a three-day pay or quit notice, is a formal written notice typically issued by a landlord or property owner to a tenant who has failed to pay their rent on time. The purpose of this notice is to provide the tenant with a specific timeframe (usually three days) to either pay the overdue rent in full, vacate the rental property, or face legal action, such as an eviction or unlawful detainer court proceeding.

The three-day notice serves as a warning to the tenant, giving them an opportunity to rectify the situation and fulfill their financial obligations. Failure to comply with the terms of the notice may result in further legal action taken by the landlord to regain possession of the property.

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A preseason meeting with parents to explain your coaching philosophy and get their commitment to Honor the Game from the sidelines is not necessary. If parents yell at officials or at the other team, you can wait until it happens and then tell them to stop it.
Select the correct response.
(A) True
(B) False

Answers

A preseason meeting with parents to explain your coaching philosophy and secure their commitment to Honor the Game from the sidelines is highly recommended. False

This proactive approach is crucial in setting expectations, fostering a positive team culture, and preventing inappropriate behavior. By discussing your coaching philosophy and emphasizing the importance of respectful conduct towards officials and the opposing team, you can create an atmosphere of sportsmanship and respect.

Waiting until parents engage in negative behavior and then addressing it may not be as effective in preventing future incidents or promoting a supportive environment. A preseason meeting allows for clear communication, alignment of expectations, and the establishment of a positive foundation for the team.

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TRUE/FALSE.the corrections system is too buffeted by political and social forces to be able to change.

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False. While the corrections system may face challenges and be influenced by political and social forces, it is not inherently incapable of change.

The corrections system, like any other aspect of the criminal justice system, can adapt and evolve in response to societal needs, research findings, and public demand for reform.

Efforts to improve the system, such as implementing evidence-based practices, promoting rehabilitation, reducing recidivism, and addressing systemic issues, are ongoing. Various stakeholders, including policymakers, practitioners, researchers, and advocates, continue to work towards transforming the corrections system to be more effective, fair, and focused on rehabilitation rather than just punishment.

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Author Eliot Aronson (2000) suggests that the Columbine massacre was not simply a product of deviant individuals. Although certainly not excusing this behavior, he points to the role of ________ as a significant factor in the recent spate of school shootings.

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Author Eliot Aronson (2000) suggests that the Columbine massacre cannot be solely attributed to deviant individuals. Instead, he emphasizes the role of social factors in contributing to the recent spate of school shootings.

These factors, such as peer pressure, social isolation, and bullying, can create an environment that fosters violent behavior. Aronson argues that addressing these social factors is crucial in order to prevent future incidents.

By focusing on creating a supportive and inclusive school community, we can work towards reducing the likelihood of such tragic events. In summary, it is essential to consider the broader social context when analyzing the causes of school shootings, as per Aronson's perspective.

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jorge was given an extra homework assignment after making faces at a teacher one day. he never again made faces at the teacher. this scenario is an example of

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The scenario described is an example of operant conditioning, specifically positive punishment.

Jorge was given an extra homework assignment as a consequence of his behavior of making faces at the teacher. Positive punishment refers to the application of an aversive stimulus to decrease the likelihood of a behavior occurring again in the future. In this case, the extra homework assignment served as the aversive stimulus, and its application aimed to discourage Jorge from making faces at the teacher. By experiencing the punishment, Jorge learned that his behavior had negative consequences and subsequently refrained from repeating it.

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Page 794 23.5. Analyze the late period of the war leading to Allied victory. What were three reasons why Allied air raids had little impact until the last year of the war

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During the earlier years of the war, Allied air raids had limited impact for several reasons:

Limited Strategic Bombing Doctrine: In the early stages of the war, the Allies did not possess a well-developed strategic bombing doctrine. Their understanding of effective targeting, techniques, and technology was still evolving, leading to less impactful air raids.

Defensive Measures: Axis powers, such as Germany and Japan, had developed effective defensive measures, including anti-aircraft guns, air defenses, and shelters. These defenses minimized the effectiveness and accuracy of Allied air raids.

Industrial Capacity and Infrastructure: Axis powers had dispersed their industrial production and infrastructure across a wide geographic area, making it difficult for Allied air raids to significantly disrupt their war effort. The ability to quickly repair damaged infrastructure and maintain production minimized the impact of air raids.

Improved Technology: The Allies developed more advanced and accurate bombing techniques, including radar navigation, precision bombing, and increased payload capacity. These advancements improved the effectiveness of air raids and targeted specific strategic objectives.

Reduced Industrial Capacity: By the last year of the war, the Allies had successfully targeted and destroyed key Axis industrial centers, transportation networks, and resources. This significantly impacted Axis production and logistics, weakening their ability to sustain their war effort.

It is important to note that the effectiveness of air raids can be influenced by various factors specific to each theater of war and can vary depending on the specific context and time period.

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Amphiboly usually arises from the arguer's misinterpreting a statement made by someone else. a. True
b. False

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The given statement "Amphiboly usually arises from the arguer's misinterpreting a statement made by someone else" is false because  Amphiboly is a type of ambiguity that arises from the structure of a sentence or phrase.

Not necessarily from a misinterpretation by the arguer of someone else's statement. It often occurs when a sentence is grammatically ambiguous or when the meaning of a word or phrase is unclear due to its placement in the sentence.

This can lead to confusion or misinterpretation of the intended meaning. It is important to clarify any ambiguous language to ensure effective communication in both written and verbal communication.

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Fedzechkina et al. (2012) created an artificial language that allowed both SOV and OSV word orders and used case markers to indicate subjects and objects; however, these case markers were applied inconsistently and were randomly distributed between animate and inanimate objects. After four training sessions, learners used case markers _______, suggesting that their language learning was driven by _______.

Answers

In a study by Fedzechkina et al. (2012), an artificial language was created that allowed both SOV and OSV word orders and used case markers to indicate subjects and objects. However, these case markers were inconsistently applied and randomly distributed between animate and inanimate objects. After four training sessions, learners predominantly used case markers in a way consistent with the word order they were exposed to, indicating that their language learning was driven by word order rather than the consistency or distribution of case markers.

Fedzechkina et al. (2012) conducted an experiment to investigate the influence of word order and case markers on language learning. The artificial language they created allowed both SOV (subject-object-verb) and OSV (object-subject-verb) word orders and employed case markers to indicate subjects and objects. However, the researchers intentionally introduced inconsistency in the application of case markers, randomly distributing them between animate and inanimate objects.

After four training sessions, the learners demonstrated a strong preference for using case markers in a manner consistent with the word order they were exposed to. For example, if they were exposed to SOV word order, they predominantly used case markers to mark subjects and objects accordingly in the SOV order. This suggests that the learners' language learning was primarily driven by the word order patterns rather than the consistency or distribution of case markers.

The findings of this study highlight the importance of word order in language acquisition and how learners prioritize and align their linguistic knowledge with the prevalent structures they are exposed to. In this case, the learners' tendency to follow the word order patterns indicates their sensitivity and adaptation to the grammatical structure of the language, despite the inconsistent and random distribution of case markers.

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Even if you found iridium associated with the late Devonian mass extinction, which of the following besides impact could account for its concentration? Group of answer choices Seafloor spreading Sea level rise Anoxia Microtektites

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Besides impact, seafloor spreading could account for the concentration of iridium associated with the late Devonian mass extinction.

Seafloor spreading refers to the process where new oceanic crust is formed through volcanic activity along mid-ocean ridges. This process can release significant amounts of iridium into the ocean, which can subsequently become concentrated in sediments. Other options like sea level rise, anoxia (lack of oxygen), and microtektites (small glassy particles from impact events) may also have potential connections to mass extinctions, but they are not directly related to the concentration of iridium.

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________ is the term used for distributing items as widely as possible on the web and taking steps to ensure that they can be found by prospective customers. a.Outbound marketing b.Buying cycle c.Content marketing d.Inbound marketing

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The term used for distributing items as widely as possible on the web and taking steps to ensure that they can be found by prospective customers is "inbound marketing."Option (D)

Inbound marketing is an approach that focuses on attracting and engaging potential customers by creating and sharing valuable content that is relevant to their needs and interests. It involves various techniques such as search engine optimization (SEO), social media marketing, content creation, and lead generation. The goal of inbound marketing is to pull customers towards the business by establishing a strong online presence and providing valuable information, ultimately driving traffic, generating leads, and fostering customer engagement.

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which of the following is not a common source of prices for a price analysis? which of the following is not a common source of prices for a price analysis? market prices catalog prices competitive price proposals statistical modeling regulated prices

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Regulated prices are not a common source of prices used for price analysis. Price analysis typically involves examining various factors to determine the most appropriate pricing strategy. The Correct option is E

Market prices, derived from current market conditions and supply and demand dynamics, are a common and crucial source for price analysis. Catalog prices, which provide a standardized reference for products or services, are often considered during analysis. Competitive price proposals, reflecting offers from competitors, are also valuable sources. Statistical modeling, utilizing data analysis techniques, helps assess pricing patterns and trends.

However, regulated prices, which are set by authorities or government entities, are not commonly used in price analysis as they are typically fixed or regulated by external factors rather than market dynamics.

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Complete Question:

Which of the following is not a common source of prices used for price analysis?

a) Market prices

b) Catalog prices

c) Competitive price proposals

d) Statistical modeling

e) Regulated prices

which supreme court justice wrote the draft opinion on abortion that was leaked to politico?

Answers

The Supreme Court justice who wrote the draft opinion on abortion that was leaked to Politico remains unknown. The document, which was labeled as a "pre-decisional" draft, outlined the court's potential ruling on a Louisiana abortion law and was reportedly circulated among the justices before a decision was made.

However, it is not uncommon for drafts and opinions to be shared among the justices before a final decision is made. The leak of the draft opinion sparked speculation and concern among pro-choice advocates, who feared that the court could be moving towards a more conservative stance on abortion.

However, it is important to note that the leaked document was only a draft and the final ruling could still vary.

The Supreme Court's decision on the Louisiana abortion law is expected to be announced in the coming weeks and will have significant implications for reproductive rights in the United States.

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Although the First Amendment prohibits the government from establishing religion, there is no prohibition on spending money to support religious life generally. For example, the White House Office of Faith-based and Neighborhood Partnerships provides funding to several religious organizations, including organizations that maintain discriminatory policies toward gays and lesbians and routinely engage in proselytizing activity. Do you believe that public money should be used to fund these groups

Answers

No, I don't think so. There is discussion and controversy about the use of tax dollars to support religious organizations that practice proselytizing and maintain discriminatory policies toward particular populations.

The funding is opposed by individuals who claim that doing so undermines the separation of religion and state and amounts to the government promoting one set of religious views over another.

The funding is opposed by individuals who claim that doing so undermines the separation of religion and state and amounts to the government promoting one set of religious views over another.

Consequently, there are strong arguments for both sides of the controversial topic of using tax dollars to support religious institutions. Legislators and society as a whole will ultimately decide whether or not this practice should continue.

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Expert power stems from a. organizationally conferred decision-making authority. b. manager access, control, and distribution of information that is not freely available to everyone in an organization. c. referent power. d. leader capability and knowledge in a particular field.

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Expert power is derived from a leader's knowledge and skills in a particular field. This type of power is based on the leader's competence, credibility, and proficiency. The leader's expertise makes them a valuable resource to their team and organization.

Expert power is not necessarily conferred by an organization; rather, it is earned through hard work and dedication to a particular field. A leader who is seen as an expert is often consulted for advice, guidance, and direction. This power can be used to influence decisions, provide feedback, and inspire others to follow their lead. Unlike referent power, which is based on the leader's likability and charisma, expert power is based on the leader's competence and proficiency. This power is not dependent on the leader's personal qualities or relationships, but rather on their ability to perform tasks and provide value to the organization. Overall, expert power is an important source of influence for leaders. It allows them to make informed decisions, provide valuable guidance to their team, and inspire others to follow their lead. As such, it is important for leaders to continually develop their skills and knowledge in their particular field to maintain and strengthen their expert power.

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Newark Company has provided the following information: Cash sales, $550,000 Credit sales, $1,450,000 Selling and administrative expenses, $430,000 Sales returns and allowances, $100,000 Gross profit, $1,460,000 Increase in accounts receivable, $65,000 Bad debt expense, $43,000 Sales discounts, $53,000 Net income, $1,030,000 How much cash was collected from customers

Answers

To determine the cash collected from customers, we need to subtract the increase in accounts receivable and sales returns and allowances from the total credit sales. In this case, the cash collected from customers is $1,342,000.

To calculate the cash collected from customers, we start with the total credit sales of $1,450,000. From this amount, we subtract the increase in accounts receivable ($65,000) and the sales returns and allowances ($100,000).

The increase in accounts receivable represents the amount of credit sales that have not been collected yet, and the sales returns and allowances represent the refunds or deductions given to customers for returned or faulty goods. By subtracting these amounts from the total credit sales, we obtain the cash collected from customers.

In this scenario, the calculation would be: $1,450,000 - $65,000 - $100,000 = $1,342,000. Therefore, the cash collected from customers is $1,342,000.

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TRUE/FALSE. this philosopher believed that modern society requires conformity

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The statement, "Emile Durkheim is the philosopher who believed that modern society requires conformity," is false because Emile Durkheim was not a philosopher but a sociologist.

He is widely regarded as one of the founding fathers of sociology. Durkheim's key ideas centered around the study of social facts and the function of society. While Durkheim did acknowledge the importance of social cohesion and shared values in modern society, he did not argue that conformity was necessary for its functioning.

Instead, he emphasized the significance of social integration, the division of labor, and the collective conscience as essential elements for a healthy and stable society. Durkheim's work focused on understanding social solidarity and the interplay between individuals and society, rather than advocating for strict conformity, the statement is false.

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The complete question is:

Emile Durkheim is the philosopher who believed that modern society requires conformity

TRUE/FALSE.

The idea that a person may be determined to be sane or insane is an issue that is most relevant to __________. Group of answer choices

Answers

the determination of sanity or insanity is a critical issue in forensic psychology, as it involves the assessment of an individual's mental state within the context of the legal system.

The concept of determining whether a person is sane or insane is primarily relevant to the field of forensic psychology. Forensic psychology focuses on the intersection of psychology and the legal system, specifically addressing issues related to mental health and the assessment of individuals' mental state in legal contexts. The determination of a person's sanity or insanity is a complex and multifaceted issue that requires expertise in the field of forensic psychology. Forensic psychologists play a crucial role in evaluating an individual's mental state to determine their ability to understand the consequences of their actions and to differentiate right from wrong.

By applying psychological principles and assessment techniques, forensic psychologists provide expert opinions and recommendations to inform legal decisions. They collaborate with legal professionals, including judges, attorneys, and law enforcement, to ensure a fair and accurate assessment of a person's mental state. In conclusion, the determination of sanity or insanity is a critical issue in forensic psychology, as it involves the assessment of an individual's mental state within the context of the legal system.

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The textile industry is composed of a large number of small firms. In recent years, these firms have suffered economic losses, and many sellers have left the industry. Economic theory suggests that these conditions will Group of answer choices shift the demand curve outward so that price will rise to the level of production cost. cause the remaining firms to collude so that they can produce more efficiently. cause the market supply to decline and the price of textiles to rise. cause firms in the textile industry to suffer long-run economic losses.

Answers

The fate of the textile industry depends on how firms respond to these challenging market conditions.

The recent economic losses and departure of sellers in the textile industry can have a significant impact on the market. Economic theory suggests that these conditions may cause the market supply to decline, leading to an increase in the price of textiles.

As a result, some firms may suffer long-term economic losses, and the remaining firms may try to produce more efficiently. One way they could achieve this is through collusion, working together to reduce costs and increase profits. However, colluding can be illegal and may lead to legal consequences for firms involved.

Alternatively, the remaining firms may choose to invest in new technologies or production methods that help them become more efficient. This could lead to a shift in the demand curve, which would cause prices to rise to the level of production costs. Ultimately, the fate of the textile industry depends on how firms respond to these challenging market conditions.

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Many municipalities are concerned about the environmental impact of plastic bags, which often end up as litter, clogging drains, and hanging from tree branches. A town is considering whether to impose a tax on plastic bags to be collected at the store or a per person quota. Cindy and Carl are two average citizens who both use plastic bags when they go grocery shopping. Plastic bags are currently free when they shop. The figures below show each individual's demand curve for plastic bags. Instructions: Enter your answers for quantity as a whole number. Round your answers for price to two decimal places. a. Under the quota, the willingness to pay for the last bag used for Cindy is $ and for Carl, $ . b. Under the tax, Cindy will use bags and Carl will use bags. The willingness to pay for the last bag used for Cindy is $ and for Carl, $ . c. The town should adopt a: multiple choice plastic-bag tax, because revenue will be collected and the cost will be lower. plastic-bag quota, because it achieves the same outcome in terms of the number of bags but does so more efficiently. plastic-bag tax, because it achieves the same outcome in terms of the number of bags but does so more efficiently. plastic-bag quota, because fewer people will complain.

Answers

A plastic-bag tax is the more practical and effective option for the municipality to address the environmental impact of plastic bags

a. Under the quota, the willingness to pay for the last bag used for Cindy is $0.50 and for Carl, $0.80. This means that Cindy is willing to pay up to $0.50 for the last bag she uses, and Carl is willing to pay up to $0.80 for the last bag he uses.

b. Under the tax, Cindy will use 5 bags and Carl will use 3 bags. The willingness to pay for the last bag used for Cindy is $0.10 and for Carl, $0.20. This means that after the tax is imposed, Cindy is only willing to pay up to $0.10 for the last bag she uses, and Carl is only willing to pay up to $0.20 for the last bag he uses.

c. The town should adopt a plastic-bag tax, because it achieves the same outcome in terms of the number of bags but does so more efficiently. With a quota system, the town would have to monitor and enforce the number of bags each person uses, which would be costly and time-consuming. A tax, on the other hand, would incentivize people to use fewer bags without the need for constant monitoring and enforcement. Additionally, a tax would generate revenue for the town that could be used for environmental initiatives.

Overall, a plastic-bag tax is the more practical and effective option for the municipality to address the environmental impact of plastic bags.

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The majority of members of Congress are: a. evenly divided between Protestants and Catholics. b. lawyers and businessmen. c. trade unionists and retired military officers d. a demographic profile of the adult American public.

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A demographic profile of the adult American public. It is incorrect to assume that the majority of members of Congress are evenly divided between Protestants and Catholics, or that they are predominantly lawyers and businessmen, trade unionists and retired military officers.

What is the impact of deforestation on biodiversity?

Members of Congress are elected representatives who come from diverse backgrounds and reflect the demographic profile of the adult American public.

They include individuals from various professions, such as law, business, education, healthcare, and public service. They also represent different religious affiliations, including Protestants, Catholics, Jews, Muslims, and those with no religious affiliation.

While there may be variations in the specific demographics of Congress at any given time, it is generally expected that the composition of Congress mirrors the diversity of the American population in terms of race, gender, age, and other demographic factors. This diversity is important for ensuring representation and a range of perspectives in the legislative process.

The composition of Congress is much more diverse and representative of the broader American public.

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Johnson Corporation purchased 10,000 shares of treasury stock at $30 per share. The stock had a par value of $1.50 and had been issued at an average price of $105. How will this transaction affect the accounting equation

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This transaction will have a negative impact on the equity of the Johnson Corporation, as they are decreasing the number of outstanding shares and reducing the overall ownership stake of shareholders.

This transaction will have a few different effects on the accounting equation. Firstly, the assets of the Johnson Corporation will decrease by $300,000, which is the cost of purchasing the 10,000 shares of treasury stock. Secondly, the treasury stock account will increase by $300,000, which is the cost of purchasing the shares. This is because treasury stock is a contra equity account, which means it is subtracted from the total equity of the company. Thirdly, the total equity of the company will decrease by $300,000, which is the cost of purchasing the shares. This is because the treasury stock is subtracted from the total equity of the company, as it represents shares that are no longer outstanding.

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Assessing the premises of a moral argument involves:(a) assessing the moral standard (the moral standard should be an acceptable standard).(b) assessing the factual claims (the factual claims should be true or worthy of belief). (c) determining whether the conclusion of the argument is consistent with our considered moral beliefs.(d) a and b.(e) a,b, and c

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Moral argument involves assessing the moral standard, assessing the factual claims and determining whether the conclusion of the argument is consistent with our considered moral beliefs. Therefore, the correct answer to the question is option e.

When it comes to evaluating moral arguments, there are several factors that need to be taken into consideration. The first is the moral standard being used. This standard should be acceptable and widely recognized in order for the argument to be considered valid. Secondly, the factual claims being made in the argument should be true or, at the very least, worthy of belief. If the factual claims are false or baseless, then the argument loses its credibility. Finally, it's important to determine whether the conclusion of the argument is consistent with our own moral beliefs. If the conclusion goes against our own values, it may not be a convincing argument for us.

Therefore, the correct answer to the question is (e) a,b, and c. All three factors – moral standard, factual claims, and consistency with our own moral beliefs – are crucial in assessing the premises of a moral argument. It's important to evaluate each of these factors carefully in order to determine whether the argument is sound and persuasive. By taking a systematic approach to evaluating moral arguments, we can ensure that our own moral beliefs are well-reasoned and well-informed.

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When comparing something, Less Than (<), Greater Than (>), and NOT (not equal to) are examples of ____.

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When comparing something, Less Than (<), Greater Than (>), and NOT (not equal to) are examples of comparison operators.

These operators are commonly used in programming languages and mathematical expressions to compare two values and determine their relationship to each other. The less than operator (<) checks whether one value is smaller than another value. For example, 5 < 10 would evaluate to true because 5 is less than 10. The greater than operator (>) checks whether one value is larger than another value. For example, 10 > 5 would evaluate to true because 10 is greater than 5. The not equal to the operator (!=) checks whether two values are not equal to each other. For example, 5 != 10 would evaluate to true because 5 is not equal to 10. Overall, these comparison operators play an important role in programming and mathematics by allowing us to make decisions based on the relationship between different values.

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