1. Compare the changes in carbon dioxide between the germinating peas at the warm temperature and the cold temperature. What does the data tell you? Why does temperature have this effect?

2. Remember the cyclist from the SimUText? She wanted to lose some weight before her big race, so she decided to try the low carb diet her friends were talking about. She did lose some weight (mostly because she was eating fewer calories per day), but she found after a couple of months that she seemed to be losing her endurance during long rides – she didn’t seem to have as much energy as she used to. Use the information in Figure 6 to explain what was going on. Be sure to include cellular respiration and/or fermentation in your explanation.

1. Briefly describe two situations in which changes in fair value are not reported on the Income Statement.

2. What is “earnings management” and “quality of earnings”? How is quality of earnings affected by earnings management?

3. Identify three limitations of the income statement and give an example of each.

4. What is the proper accounting for correction of errors?

5. How are the following items presented on the income statement?

 Discontinued operations

 Noncontrolling interest

 Basic earnings per share

6. What is the difference intraperiod and interperiod tax allocation?

7. Briefly describe the FASB’s guidance on the proper format for presenting comprehensive income.

8. What is Other Comprehensive Income?

9. Identify at least two items that are recorded as Other Comprehensive Income (OCI).

10. Briefly describe the proper accounting for the three accounting changes we covered in

Chapters 4 and 22.

11. Identify three limitations of a balance sheet and give an example of each.

12.Identify three methods companies use to disclose pertinent information related to financial reporting (full disclosure principle).

13. Identify at least two situations in which estimates could affect the usefulness of information on

the income statement or balance sheet.

14. What are some typical disclosures required for assets reported at fair value?

15. What is a “Summary of Significant Accounting Policies”?

Discuss the possible causes and effects of changes in the ratios that have been calculated below:

What impact would the following changes have on the security market line and therefore on the required return for a given level of risk? (a) an increase in inflationary expectations, (b0 Investors become less risk-averse.

What are the pathophysiologic changes in COPD and how does it differ from asthma?

Discuss the use of oxygen therapy in patients with a diagnosis of COPD.

What are the benefits and the potential pitfalls?

What is meant by a ‘global city’? How have ‘changes in production’ and the ‘global economy’ contributed to the emergence of global cities? What spatial structure and features characterize global cities? What is their typical social structure? How do they differ from other cities linked into the global economy?

When looking at changes in the level of spending, this can directly influence an economy. What are some of the challenges that firms will be facing when consumers start to spend more money?

Emissions of sulfur dioxide by industry set off chemical changes in the atmosphere that result in "acid rain." The acidity of liquids is measured by pH on a scale of 00 to 14.14. Distilled water has pH 7.0,7.0, and lower pH values indicate acidity. Normal rain is somewhat acidic, so acid rain is sometimes defined as rainfall with a pH below 5.0.5.0.

A sample of 105105 rainwater specimens had mean pH 5.43;5.43; standard deviation 0.54;0.54; and five‑number summary 4.33,4.33, 5.05,5.05, 5.44,5.44, 5.79,5.79, 6.81.6.81.

(a) Compare the mean and median and also the distances of the two quartiles from the median.

Does it appear that the distribution is quite symmetric? Why?

a. The mean is almost identical to the median, and the quartiles are similar distances from the median. This suggests that the distribution is reasonably symmetric.

b. The third quartile is closer to the median than the first quartile is. This indicates that the third quartile may have been pushed down by a right‑hand skew in the distribution.

c. The mean is a relatively resistant measure, while the median isn't. Therefore, the median gets pulled further away from the direction of a long tail. Since the median is lower than the mean, we conclude that the distribution has a right hand tail.

d. The median is a relatively resistant measure, while the mean isn't. Therefore, the mean gets pulled further away from the direction of a long tail. Since the mean is lower than the median, we conclude that the distribution has a right‑hand tail.

(b) If the distribution is really ?(5.43,0.54),N(5.43,0.54), what proportion of observations would be less than 5.05?5.05? (Enter your answer rounded to four decimal places.)

proportion:

If the distribution is really ?(5.43,0.54)N(5.43,0.54), what proportion of observations would be less than 5.79?5.79? (Enter your answer rounded to four decimal places.)

proportion:

Do these proportions suggest that the distribution is close to Normal? Why?

a. No, because the Normal distribution has a lower first quartile and a lower third quartile.

b. Yes, because the quartiles are very close to the quartiles of the Normal distribution.

c. No, because the Normal distribution has a higher third quartile and a higher first quartile.

d. These proportions do not provide information about Normality.

1. Using a table format and images, describe the key changes that take place in the growing embryo up to eight weeks. (300 words)