Partial Balance Sheets and Additional Information Are Listed Below for Julius

question 17

Essay

Partial balance sheets and additional information are listed below for Julius Company.
Additional information for 2009:
Net income was $70,000.
Depreciation expense was $30,000.
Sales totaled $600,000.
Cost of goods sold totaled $325,000.
Required:
Calculate the amount of cash received from customers during 2009.
Julius Company
Partial Balance Sheets
as of December 31
$\begin{array} { l r r } \text { Assets } & \mathbf { 2 0 0 9 } & \mathbf { 2 0 0 8 } \\ \text { Cash } & \$ 20,000 & \$ 40,000 \\ \text { Accounts receivable } & 90,000 & 60,000 \\ \text { Inventory } & 40,000 & 25,000 \\ \text { Liabilities } & & \\ \text { Accounts payable } & \$ 72,000 & \$ 58,000 \end{array}$

Assess the historical development of psychotherapy and its accessibility.

Distinguish between the specialties within the mental health field based on the number of practitioners and their roles.

Understand the importance and methods of ensuring a sample is representative of the population.

Identify the appropriate research method based on the sociological question being investigated.

---

Definitions:

Herniated Intervertebral Disk

A condition where the soft center of a spinal disk pushes through a tear in the tougher exterior casing, often causing pain and nerve irritation.

Hyporeflexia

A condition characterized by below-normal or absent reflexes, which can be indicative of peripheral nervous system damage.

Babinski Sign

A reflex action of the toes, where they fan out when the sole of the foot is stimulated, indicating possible neurological damage.

Cerebral Cortex

The outer layer of the cerebrum, involved in various high-level functions such as sensation, voluntary muscle movement, thought, reasoning, and memory.