Name 3 outcome tests presented in class that may be used to measure balance.

Company A purchased Company B, and recorded goodwill as an intangible asset on the balance sheet. A few months later Company A realized that it overpaid for Company B by $2million.  What is this condition called, and what must company A do now that it knows it overpaid?   Do not prepare a journal entry.     

Land improvements can be depreciated.  

Calculate the amount of interest that the following note will earn (for the life of the note). $1,000 Face 7% interest Term: 90 days

Which of the following assets require the strongest of internal controls?  

The template strand of a DNA molecule includes the sequence 3′ A T T C G 5′. The complementary DNA strand would be . If this section of the DNA was used to make RNA, the sequence of the mRNA would be . During DNA or RNA synthesis, the growing strand is elongated as phosphodiester bonds are formed between nucleotides. During DNA synthesis, this is carried out by , but during RNA synthesis, it is carried out by .

Suppose that a reaction in which a chemical bond is broken has ΔG of – 5.2 kcal/mol. Forming another bond has ΔG of + 3.3 kcal/mol. Could these two reactions be coupled so the energy released by one reaction is used to drive the other?

Researchers have determined that domestic cats have around 20,000 genes but produce over 32,000 proteins. What is the best explanation for how there can be more proteins than genes?

A population is undergoing evolution by natural selection for a trait. What determines whether an allele will become more common in the population?

Max visited the Wild Things (pictured above). In Wild Things, XX individuals produce eggs and are female; XY individuals produce sperm and are male. Several traits in Wild Things are genetically based. the length of horns is genetically based: HH and Hh = curved horns, hh = straight horns having claws on the feet is determine by an X-linked gene. XB is dominant and results in absence of claws; Xb is recessive and results in claws. A female who is heterozygous for both traits and a male without claws who is heterozygous for horns have offspring. Answer the following questions based on this couple. You should start by determining their genotypes and setting up the Punnett squares. The probability that their first offspring would have curved horns is . The probability of their first child having straight horns and NO claws is . The probability of their first child being a female with claws is . Each parent only passes on one of the two alleles they have (Mendel’s Law of Segregation), and the way that the alleles for horns is passed on does not impact the way the allele for claws is passed on (Mendel’s Law of Independent Assortment). These two laws are the result of the way that works.