Rebel Technology maintains its records using cash-basis accounting. During the year, the company received cash from customers, $32,000, and paid cash for salaries, $20,400. At the beginning of the year, customers owe Rebel $1,000. By the end of the year, customers owe $4,400. At the beginning of the year, Rebel owes salaries of $3,400. At the end of the year, Rebel owes salaries of $2,200. Required:
Determine cash-basis net income and accrual-basis net income for the year.

How do communism and socialism differ in terms of the role that government plays in the economy ?

Calculate riverside’s financial ratios for 2014. assume that riverside had $1,000,000 in lease payments and $1,400,000 in debt principal repayments in 2014. (hint: use the book discussion to identify the applicable ratios.)

David paid $975,000 for two beachfront lots in coastal south carolina, with the intention of building residential homes on each. two years later, the south carolina legislature passed the beachfront management act, barring any further development of the coast, including david's lots. when david files a complaint to seek compensation for his property, south carolina refuses, pointing to a passage in david's own complaint that states "the beachfront management act [was] properly and validly designed to south carolina's " is south carolina required to compensate david under the takings clause?