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.     

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

The same bookkeeper should avoid contact with BOTH Accounts Receivable AND cash receipts. Explain the reason for this statement.  

Antibiotic resistance can evolve rapidly in bacterial populations. Suppose that a type of bacterial infection is normally treated with antibiotic A. A person who has an infection with this type of bacteria takes antibiotic A, but it has no effect. It is determined that the bacteria causing their infection have a new allele that makes them resistant to the antibiotic because it cannot bind to the normal target molecule in the bacteria. How did the bacteria become resistant to the antibiotic? Side note: Fortunately for the person with the infection, it turns out there is another antibiotic that can be used to treat the infection, so the person recovers and is fine.

Which biotechnology method would be the best choice to accomplish each of the following tasks?

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?

In a population, the frequency of allele B is 0.4 and the frequency of allele b is 0.6. What percentage of individuals in the population will have the genotype BB if the population is in Hardy-Weinberg equilibrium?

Yeast cells can generate ATP in the absence of oxygen. What is the primary way they maintain ATP production in the absence of oxygen?

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?

Hydrogen ion channels are added to the inner mitochondrial membrane. What impact would this have on ATP production during cellular respiration?