Questions
14. Contemporary organisms on planet earth encode their design information using nucleic acids polymers that have...

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?

  1. It is an historical accident, of no mechanistic importance.
  2. There were originally more than 27 tool monomers, but some have been lost in the evolution of contemporary organisms.
  3. Double stranded nucleic acids (like the DNA double helix) wouldn’t be stable with only three different bases.
  4. The requirement that nucleic acids replicate themselves means that they must have an even number of monomers (2, 4, 6, etc).

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.)

  1. haploid
  2. diploid
  3. asexual
  4. somatic

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?

  1. crossing over
  2. recombination
  3. independent assortment
  4. random mating

In: Biology

1. Suppose there are three buyers of candy in a market: Tex, Dex and Rex. The...

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...

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):
A. Salaries accrued: operations salaries, $8,550; officers salaries, $5,570; office salaries, $1,440. The payroll taxes are immaterial and are not accrued.
B. Vacation pay, $15,200.

In: Accounting

In 2018, the Westgate Construction Company entered into a contract to construct a road for Santa...

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...

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...

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...

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...

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

A direct-mail retailer experimented with three different ways of incorporating order forms into its catalog. In...

  1. A direct-mail retailer experimented with three different ways of incorporating order forms into its catalog. In type 1 catalogs, the form was at the end of the catalog; in type 2, it was in the middle; and in type 3, there were forms both in the middle and at the end. Each form was sent to a sample of 1,000 potential customers, none of whom had previously bought from the retailer. The observed contingency table is given below:

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...

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