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Explain the meaning of the following passage from Simmel's, The Stranger:The stranger is near and far at the same time, as in any relationship based on merely universal human similarities. Between these two factors of nearness and distance, however, a peculiar tension arises, since the consciousness of having only the absolutely general in common has exactly the effect of putting a special emphasis on that which is not common. For a stranger to the country, the city, the race, and so on, what is stressed is again nothing individual, but alien origin, a quality which he has, or could have, in common with many other strangers. For this reason strangers are not really perceived as individuals, but as strangers of a certain type. Their remoteness is no less general than their nearness.
Merchandising Company
A business that purchases finished goods for resale, making a profit on the merchandise sold.
Income Statement
A financial statement showing the revenue, expenses, and profits or losses of a business over a particular period.
Freight-In
Freight-In costs are the shipping charges for receiving goods from suppliers, considered part of the inventory cost and included in the cost of goods sold when the inventory is sold.
Purchases Account
A ledger account used to record the amounts spent on acquiring inventory for resale or raw materials for production, excluding any direct labor or overhead costs.
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