There are four classical experiments provided below. Select one experiment. Evaluate the method of studying this topic. Do you agree with the conclusions?

- Milgram's study on obedience

- Asch's study of conformity

- Zimbardo's Stanford Prison Experiment

- Stanley Schacter's Fear and Affiliation Study

1. What normally happens when iodine is added to starch?

2.Tube 2 contained starch at the beginning of the experiment. How do you explain the reaction with iodine at the end of the experiment?

3. What food substance is tested by using Benedict's solution?

Although the origins of life are unknown, we do know that the building blocks of life are complex organic molecules. One of the first experiments to investigate the chemical origins of life was the Stanley-Urey experiment.

Describe the Stanley-Urey experiment and discuss it's findings. (5pts)

A. How do you interpret Net Opearting Profit after Tax for 2016 and 2015? What is the performance on the calculations based on your analysis?

B. How do you interpret Net Opearting Assets for 2016 and 2015? What is the performance on the calculations based on your analysis?

C. How do you interpret Retun on Net Operating Assets for 2016 and 2015? What is the performance on the calculations based on your analysis?

D. How do you interpret Return on Equity for 2016 and 2015? What is the performance on the calculations based on your analysis?

On 1/1/2016, Choco acquired 70% of Cake. Choco paid $700,000 and acquisition date fair value of non-controlling interest (NCI) is $200,000. On 1/1/2016, Choco allocated the entire $80,000 excess fair value over book value to adjust “patented technology” account (estimated remaining life of 10 years). During 2016, Choco sold goods to Cake for $200,000 which cost Choco $170,000. Cake still owns 50% of the goods at the end of 2016. Sales revenue for Choco is $1,200,000, and for Cake is $800,000 in 2016. Cost of goods sold for Choco is $700,000 and for Cake is $500,000 in 2016.   Net income for Choco is $120,000 and for Cake is $70,000 in 2016. Cake declared $10,000 of dividends in 2016. Choco uses equity method to account for this investment

Calculate 1) gross profit in percentage and 2) gross profit for remaining year-end inventory.

What is the “equity in earnings of Cake” and “investment in Cake” in 12/31/16?

Prepare consolidation Entry TI

Prepare consolidation Entry G:

What is the consolidated sales revenue for 2016?

What is the consolidated cost of goods sold for 2016?

What is the non-controlling interest’s (NCI’s) share of consolidated net income?

At the beginning of 2016, Norris Company had a deferred tax liability of $6,300, because of the use of MACRS depreciation for income tax purposes and units-of-production depreciation for financial reporting. The income tax rate is 30% for 2015 and 2016, but in 2015 Congress enacted a 38% tax rate for 2017 and future years. Norris’s accounting records show the following pretax items of financial income for 2016: income from continuing operations, $122,300 (revenues of $353,300 and expenses of $231,000); gain on disposal of Division F, $23,000; loss from operations of discontinued Division F, $10,200; and prior period adjustment, $15,200, due to an error that understated revenue in 2015. All of these items are taxable; however, financial depreciation for 2016 on assets related to continuing operations exceeds tax depreciation by $4,000. Norris had a retained earnings balance of $160,900 on January 1, 2016, and declared and paid cash dividends of $33,600 during 2016. Required: 1. Prepare Norris’s income tax journal entry at the end of 2016. 2. Prepare Norris’s 2016 income statement. 3. Prepare Norris’s 2016 statement of retained earnings. 4. Show the related income tax disclosures on Norris’s December 31, 2016, balance sheet.

At the beginning of 2016, Norris Company had a deferred tax liability of $6,400, because of the use of MACRS depreciation for income tax purposes and units-of-production depreciation for financial reporting. The income tax rate is 30% for 2015 and 2016, but in 2015 Congress enacted a 39% tax rate for 2017 and future years. Norris’s accounting records show the following pretax items of financial income for 2016: income from continuing operations, $121,600 (revenues of $353,400 and expenses of $231,800); gain on disposal of Division F, $24,100; loss from operations of discontinued Division F, $11,900; and prior period adjustment, $17,000, due to an error that understated revenue in 2015. All of these items are taxable; however, financial depreciation for 2016 on assets related to continuing operations exceeds tax depreciation by $4,500. Norris had a retained earnings balance of $161,000 on January 1, 2016, and declared and paid cash dividends of $32,700 during 2016. Required: 1. Prepare Norris’s income tax journal entry at the end of 2016. 2. Prepare Norris’s 2016 income statement. 3. Prepare Norris’s 2016 statement of retained earnings. 4. Show the related income tax disclosures on Norris’s December 31, 2016, balance sheet.

Colt Company reports pretax financial “income” of $143,000 in 2016. In addition to pretax income from continuing operations (of which revenues are $295,000), the following items are included in this pretax “income:” Problems Colt's taxable income totals $93,000 in 2016. The difference between the pretax financial income and the taxable income is due to the excess of tax depreciation over financial depreciation on assets used in continuing operations. At the beginning of 2016, Colt had a retained earnings balance of $310,000 and a deferred tax liability of $8,100. During 2016, Colt declared and paid dividends of $48,000. It is subject to tax rates of 15% on the first $50,000 of income and 30% on income in excess of $50,000. Based on proper interperiod tax allocation procedures, Colt has determined that its 2016 ending deferred tax liability is $14,100.

Required: Prepare a schedule for Colt to allocate the total 2016 income tax expense to the various components of pretax income.
Prepare Colt's income tax journal entry at the end of 2016. Prepare Colt's 2016 income statement.
Prepare Colt's 2016 statement of retained earnings. Show the related income tax disclosures on Colt's December 31, 2016, balance sheet.

can you put this in your own words?

Our class was divided into three groups and everyone followed the same procedure and steps. Each group had to keep track of their daphnia’s rate of growth based on how many lives and reproduce and how many die. To start off with this experiment, we had to come up a group name and then filled the “Daphnia life history data sheet” on which we recorded all our group member’s phone numbers and the date each person was responsible for collecting the information. We had total of seven 50 ml of plastic tube and we had them all labeled with our group name and the density of Daphnia. The tubes were labeled as follows: two tubes -1 D. magna per 2.0 ml of water, one tube – 1 D. magna per 1.0 ml of water and one tube of 1 D. magna per 0.5 ml of water. After that, we filled all of the tubes with 6 to 8 ml of well water that was in a big container. Throughout this whole experiment we used well water whenever we had to add water to the tubes. Then, our instructor provided us with three-day old Daphnia and after that we added Daphnia to the assigned tubes which are as followed: we added 5 Daphnia to tube labeled 1 D. magna per 2.0 ml of water and tube labeled 1 D. magna 1.0 ml of water received 5 daphnia each. Then these three-day old daphnia were obtained by placing egg in well water and collecting all the offspring that appeared during the next 24 hours. Then, we separated the adults form the babies and transfer the number of baby daphnia from their nursey to tube with a clean plastic dropper. We had to be really carefully when making the transfer so we don’t injure the daphnia. be careful to ensure that the tip of the dropper in submerged in the water before releasing the daphnia into your tubes. air bubbles can get trapped under the daphnia's carapace if you allow them to be exposed to the air. the, adjust the volume of water in each tube to 10 ml by adding or removing sufficient water with a dropper.