Questions

Michael Faraday invented Electric Generator in 1831.

• The operating principle of electromagnetic generators was discovered in the years of 1831–1832 by Michael Faraday.

• The principle later called Faraday's law, is that an electromotive force is generated in an electrical conductor which encircles a varying magnetic flux.

From the above figure, we can say that there is the same amount of alcohol in one regular beer (340 ml/12 oz, 5% alcohol), one glass of wine (140 ml/5oz, 12% alcohol), one glass of fortified wine (85 ml/3oz, 20% alcohol) and one shot of spirits (45 ml/1.5 oz, 40% alcohol).

Hence, the given statement whiskey has more alcohol than wine is TRUE.

The single-step income statement emphasizes

1. total revenues and total expenses.

2. Revenues

3. Expenses

4. Net income

The primary advantage of the single step fromat lies in its simple presentation and the absence of any implication that one type of revenue or expense item has priority over another.

The largest proportion of federal revenues comes from personal income taxes. Almost half of all federal revenue (47 percent) comes from individual income taxes.