14. Contemporary organisms on planet earth encode their design information using nucleic acids polymers that have four different monomers. These monomers are read three at a time to produce tool polymers – made up of a different kind of monomer. [This is a straightforward case of combinatorial coding of information.] This means that the number of different monomers in the tool polymer could, in principle, be 64. In practice, this number is actually 20 – because different nucleic acid monomer triplets (called “codons”) are read as NOT different. [Such codons that are not distinguished from one another are said to be “degenerate”.] If nucleic acids had three different monomers instead of four, triplet codons could encode 27 different tool monomer units, in principle. This would be plenty of coding capacity for the 20 different tool monomers that are actually used. In view of this, which of the following is the most likely explanation for the fact that contemporary organisms use four NOT three nucleic acid monomers?
15. When an organism has two copies of each piece of design information, we refer to this state by which of the following terms? (Choose the most specific term.)
16. When an adult sexual organism (“parent” here) makes a gamete (egg or sperm) she/he places one copy of each chromosome into the gamete. This chromosome is chosen at random from the two copies this parent has – one received, in turn, from its father and one from its mother (the “grandparents” here). This process of choosing one of these two chromosomes is referred to specifically by which of the following technical terms?
In: Biology
1. Suppose there are three buyers of candy in a market: Tex, Dex and Rex. The market demand and the individual demands are shown below: Price per candy Individual quantities demanded Market demand Tex Dex Rex $8 3 1 0 4 $7 8 2 2 12 $6 12 3 4 19 $5 17 4 6 27 $4 23 5 8 36 (1) Based on the individual demand information and market demand information offered, FILL the missing values in the table (2*5=10 points). (2) Among the three buyers in the market, which buyer demands the least at a price of $5? (10 points).Please make sure your answer is in complete sentence(s). Among three individual buyers, the individual who demands the lest amount at a price of $5, would be Dex. (3) At market price of $4, Tex decided to decrease his purchase on candy from 23 significantly to 5, can you list at least three possible reasons explaining his decreased quantity demanded for candy?(3*10=30 points). Please make sure your answer is in complete sentence(s). (4) Suppose at the price of $5, the total quantity demanded decreased from 27 to 23, is this a “change in the quantity demanded” or “change in demand”? Offer your answer with brief explanation. Please make sure your answer is in complete sentence(s). (10 points for correct answer and 10 points for correct explanation=20 points). (5) Assume at market price of $8, the market supply for candy stays the same, now both Dex and Rex decided to increase their purchase on candy, how does this change affect market demand(10 points), which direction market demand curve will shift to(10 points)? And how does this change affect equilibrium price as well as equilibrium quantity for candy market?(10 points). Please make sure your answer is in complete sentence(s).
In: Economics
| Dec. | 2 | Issued Check No. 410 for $4,000 to Jay Bank to purchase retirement savings bonds for employees. |
| 2 | Issued Check No. 411 to Jay Bank for $27,046 in payment of $9,270 of social security tax, $2,306 of Medicare tax, and $15,470 of employees’ federal income tax due. | |
| 13 | Journalized the entry to record the biweekly payroll. A summary of the payroll record follows: |
| Salary distribution: | ||
| Operations | $41,200 | |
| Officers | 26,000 | |
| Office | 6,000 | $73,200 |
| Deductions: | ||
| Social security tax | $ 4,392 | |
| Medicare tax | 1,098 | |
| Federal income tax withheld | 14,640 | |
| State income tax withheld | 3,294 | |
| Retirement savings deductions | 2,000 | |
| Medical insurance deductions | 3,300 | 28,724 |
| Net amount | $44,476 |
| 13 | Issued Check No. 420 in payment of the net amount of the biweekly payroll to fund the payroll bank account. | |
| 13 | Journalized the entry to record payroll taxes on employees’ earnings of December 13: social security tax, $4,392; Medicare tax, $1,098; state unemployment tax, $330; federal unemployment tax, $105. | |
| 16 | Issued Check No. 424 to Jay Bank for $25,620, in payment of $8,784 of social security tax, $2,196 of Medicare tax, and $14,640 of employees’ federal income tax due. | |
| 19 | Issued Check No. 429 to Sims-Walker Insurance Company for $23,100 in payment of the semiannual premium on the group medical insurance policy. |
On page 11 of the journal:
| Dec. | 27 | Journalized the entry to record the biweekly payroll. A summary of the payroll record follows: |
| Salary distribution: | ||
| Operations | $40,800 | |
| Officers | 26,800 | |
| Office | 6,200 | $73,800 |
| Deductions: | ||
| Social security tax | $ 4,428 | |
| Medicare tax | 1,107 | |
| Federal income tax withheld | 14,604 | |
| State income tax withheld | 3,321 | |
| Retirement savings deductions | 2,000 | 25,460 |
| Net amount | $48,340 |
| 27 | Issued Check No. 541 in payment of the net amount of the biweekly payroll to fund the payroll bank account. | |
| 27 | Journalized the entry to record payroll taxes on employees’ earnings of December 27: social security tax, $4,428; Medicare tax, $1,107; state unemployment tax, $230; federal unemployment tax, $60. | |
| 27 | Issued Check No. 543 for $20,533 to State Department of Revenue in payment of employees’ state income tax due on December 31. | |
| 31 | Issued Check No. 545 to Jay Bank for $4,000 to purchase retirement savings bonds for employees. | |
| 31 | Paid $51,000 to the employee pension plan. The annual pension cost is $68,000. (Record both the payment and unfunded pension liability.) |
| Required: | |||||
| 1. | Journalize the transactions on pages 10 and 11 of the journal. Refer to the Chart of Accounts for exact wording of account titles. | ||||
| 2. | On page 12 of the journal,
journalize the following adjusting entries on December 31 (refer to
the Chart of Accounts for exact wording of account titles):
|
In: Accounting
In 2018, the Westgate Construction Company entered into a
contract to construct a road for Santa Clara County for
$10,000,000. The road was completed in 2020. Information related to
the contract is as follows:
| 2018 | 2019 | 2020 | |||||||
| Cost incurred during the year | $ | 2,059,000 | $ | 2,627,000 | $ | 2,655,400 | |||
| Estimated costs to complete as of year-end | 5,041,000 | 2,414,000 | 0 | ||||||
| Billings during the year | 2,190,000 | 2,496,000 | 5,314,000 | ||||||
| Cash collections during the year | 1,895,000 | 2,400,000 | 5,705,000 | ||||||
Westgate recognizes revenue over time according to percentage of
completion.
Required:
1. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years. (Do not round intermediate calculations. Loss amounts should be indicated with a minus sign.)
2-a. In the journal below, complete the
necessary journal entries for the year 2018 (credit "Various
accounts" for construction costs incurred).
2-b. In the journal below, complete the necessary
journal entries for the year 2019 (credit "Various accounts" for
construction costs incurred).
2-c. In the journal below, complete the necessary
journal entries for the year 2020 (credit "Various accounts" for
construction costs incurred).
4. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years assuming the following costs incurred and costs to complete information. (Do not round intermediate calculations and round your final answers to the nearest whole dollar amount. Loss amounts should be indicated with a minus sign.)
| 2018 | 2019 | 2020 | |||||||
| Cost incurred during the year | $ | 2,059,000 | $ | 3,895,000 | $ | 3,295,000 | |||
| Estimated costs to complete as of year-end | 5,041,000 | 3,195,000 | 0 | ||||||
5. Calculate the amount of revenue and gross
profit (loss) to be recognized in each of the three years assuming
the following costs incurred and costs to complete information.
(Do not round intermediate calculations and round your
final answers to the nearest whole dollar amount. Loss amounts
should be indicated with a minus sign.)
| 2018 | 2019 | 2020 | |||||||
| Cost incurred during the year | $ | 2,059,000 | $ | 3,895,000 | $ | 4,185,000 | |||
| Estimated costs to complete as of year-end | 5,041,000 | 4,290,000 | 0 | ||||||
In: Accounting
Bayside Inc. 2005 Income Statement ($ in thousands)
Net sales $5,680
Less: Cost of goods sold 4,060
Less: Depreciation 420
Earnings before interest and taxes 1,200
Less: Interest paid 30
Taxable Income $1,170
Less: Taxes 410
Net income $ 760
Bayside, Inc. 2004 and 2005 Balance Sheets ($ in thousands)
2004 2005 2004 2005
Cash $ 70 $ 180 Accounts payable $1,350 $1,170
Accounts rec. 980 840 Long-term debt 720 500
Inventory 1,560 1,990 Common stock 3,200 3,500
Total $2,610 $3,010 Retained earnings 940 1,200
Net fixed assets 3,600 3,360
Total assets $6,210 $6,370 Total liabilities & equity $6,210 $6,370
Calculate the following: for 2005 only (You will show your work ). Additional Information at the end of 2005:
Fair Market Value of the Stock $190 per share
Number of Common Shares Outstanding 100,000
Dividends paid during 2005 - $4 per share
Calculate the Current Ratio for 2005.
A current ratio of 2.2 would appear to show that the company has a healthy current ratio.Is this statement true or false.
What is the Quick Ratio for this company for 2005?
Calculate the Inventory Turnover in days for 2005.
If a seller of fresh fruit had an Inventory Turnover Ratio of 125 days, would this be a good ratio?
Calculate the Average Days Sales for Collecting Receivables.
If this companies terms are Net 15 on items it sells and its Average Days Sales for collecting those receivables is 39 days, should the company be concerned?
Calculate the Debt to Equity Ratio.
The ratio reflects that the company has used more debt than equity to finance the growth of the company.
Calculate the Profit Margin for the company.
Explain this Profit Margin Percentage. What does it mean?
Calculate the Earnings Per Share for the company. (Net Income/Oustanding Shares)
Calculate the Price to Earnings Ratio.
If the industry Price to Earnings ratio is at 15, what could account for the difference from the industry average?
CAlculate
Beginning Retained Earnings $100,000
Dividends Paid for the Year $20,000
Net Loss for the Year $30,000
Based on the information above, the Ending Retained Earnings Balance will be?
In: Finance
Business Ethics, book Velasquez 7th edition, pg.113
People in West African countries, among the poorest in the
world, survive on $ 1 a day and have a life expectancy of 46 years.
But in 2004, Equatorial Guinea had a GDP ( Gross Domestic Product)
of $ 4,472 per person, the highest in West Africa. In 1995,
Equatorial Guinea found oil off its coast, and by 2004 ExxonMobil,
Amerada Hess, and Marathon Oil all U. S. oil companies were helping
that West African country produce $ 4 billion of oil revenues a
year. Equatorial Guineas inexperienced government agreed to give 80
percent of these revenues to the oil companies that drilled the oil
for them, although oil companies in developing nations usually take
about 50 percent of revenues from oil projects. The oil companies
channel through Riggs Bank, a 2004 Senate report revealed hundreds
of millions of dollars to Equatorial Guineas president, T. Nguema,
and his family for land purchases, security services, and office
leases. A Department of Energy report says that because Nguema and
his family run the government, the 20 percent of oil revenues that
go to the government are spent on lavish personal expenditures, and
so most oil money is concentrated in the hands of top government
officials while the majority of the population remains poor. If
Nguema had not been paid, of course, the Equatorial Guinea
government would never have approved the oil project. ExxonMobil
says it has spent $ 4 million and Marathon Oil and Amerado Hess
claim to have invested millions of dollars on schools, libraries,
programs for malaria, polio, and AIDS, health clinics, bridges,
waterways, and electricity. A U. S. human rights report says
Equatorial Guineas government violates citizens rights of free
speech, of the press, of assembly, of due process, of association,
of religion, and of movement and uses torture, beatings, and other
physical abuse against political opponents.
1. What would utilitarianism, rights theory, and justice say about
ExxonMobil, Amerada Hess, and Marathon Oil activities in Equatorial
Guinea?
What would utilitarianism, rights theory, and justice say about these activities of Exxon Mobile, Amerada Hess, and Marathon Oil in Equatorial Guinea?
In: Economics
A proposed project will provide the capability to produce a specialized product estimated to have a short market?(sales) life. Based on an? after-tax analysis using the PW? method, what minimum amount of equivalent uniform annual revenue is required to justify the project? economically?
The minimum amount of equivalent uniform annual revenue that is required to justify the project economically is
?$__________thousand.{C}{C}{C}{C}
*Capital investment is ?$1,040,000.
?• The cost of depreciable? property, which is part of the $1,040,000 total estimated project? cost, is
?$460,000
•?Assume, for? simplicity, that the depreciable property is in the MACRS? (GDS) three-year property class.
•The analysis period is three years.
•Annual operating and maintenance expenses are $611,000 in the first? year, and they increase at the rate of 5%
per year? (i.e.,f equals=5?%) thereafter.
•Estimated MV of depreciable property from the project at the end of three years is $340,000.
•Federal income tax rate=35?%; state income tax rate=3?%.
•MARR? (after taxes) is 12% per year.
Use the? half-year time convention for depreciation in the last year.
Please help, ive tried a few times and keep getting the wrong answer
If you could include the excel chart with the formulas that would be awesome. THanks
In: Finance
Divisional Income Statements and Return on Investment Analysis
E.F. Lynch Company is a diversified investment company with three operating divisions organized as investment centers. Condensed data taken from the records of the three divisions for the year ended June 30, 20Y8, are as follows:
Mutual Fund Division |
Electronic Brokerage Division |
Investment Banking Division |
||||
| Fee revenue | $1,010,000 | $1,060,000 | $1,030,000 | |||
| Operating expenses | 543,800 | 446,200 | 778,000 | |||
| Invested assets | 3,700,000 | 3,100,000 | 2,100,000 | |||
The management of E.F. Lynch Company is evaluating each division as a basis for planning a future expansion of operations.
Required:
1. Prepare condensed divisional income statements for the three divisions, assuming that there were no service department charges.
| E.F. Lynch Company | |||
| Divisional Income Statements | |||
| For the Year Ended June 30, 20Y8 | |||
| Mutual Fund Division | Electronic Brokerage Division | Investment Banking Division | |
| Fee revenue | |||
| Operating expenses | |||
| Income from operations | |||
2. Using the DuPont formula for rate of return on investment, compute the profit margin, investment turnover, and rate of return on investment for each division. Round your answers to one decimal place.
| Division | Profit Margin | Investment Turnover | ROI |
| Mutual Fund Division | |||
| Electronic Brokerage Division | |||
| Investment Banking Division |
In: Accounting
|
Received |
Type 1 |
Type 2 |
Type 3 |
|
No |
944 |
961 |
915 |
|
Yes |
56 |
39 |
85 |
a) Is there significant evidence that the proportion of order forms received differs for the three types of forms, specify null and alternative hypothesis?
b) Compare the actual cell counts with the expected cell counts to explain where the dependency from part a) comes from
c) Calculate a 95% confidence interval for the probability of receiving the form back, for each of the three methods.
In: Statistics and Probability
Please correct the answers chosen.
9) T
12) b
13) c
9) When conducting research in public health, every effort should be made to avoid entering into situations where each subject involved in a study does not contribute equally to the outcome.
T/F
12) Of the following statements, which is not true regarding hypothesis tests:
a. specific hypothesis tests can be used to determine if a specific variable has an effect on the outcome
b. the hypothesis test for effects are useful if our treatment contains dummy variables
c. the overall hypothesis test, tests whether or not there is a relationship between any of the variables and the outcome
d. dummy variables are variables classified according to the I.Q of the persons being included in the study
13) Which of the following is not true of age-adjusted rates:
a. age can often times become a confounding variable if it is not taken into consideration
b. age-adjusted rates are rates that have been adjusted in such a way as to standardize them to a particular population
c. adjusting for age is seldom used in public health because it tends to skew the test results leading to inherent unreliability
d. age adjusting rates is a way to make fairer comparisons between different groups with different age distributions
In: Statistics and Probability