Respass Corporation has provided the following data concerning an investment project that it is considering:   Initial investment $160,000 Annual cash flow  $54,000 per year Salvage value at the end of the project $11,000 Expected life of the project 4 years Discount rate 15%   Partial present value tables follow:   PV of $1 Periods 12% 13% 14% 15% 16% 1 0.893 0.885 0.877 0.870 0.862 2 0.797 0.783 0.770 0.756 0.743 3 0.712 0.693 0.675 0.658 0.641 4 0.636 0.613 0.592 0.572 0.552 5 0.567 0.543 0.519 0.497 0.476     PV of an annuity of $1 Periods 12% 13% 14% 15% 16% 1 0.893 0.885 0.877 0.870 0.862 2 1.690 1.668 1.647 1.626 1.605 3 2.402 2.361 2.322 2.284 2.246 4 3.037 2.975 2.9147 2.856 2.798 5 3.605 3.517 3.433 3.353 3.274   The net present value of the project is closest to (PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR):

Cholera toxin polypeptide B binds to surface gangliosides on target cells. If the gangliosides were removed,

Marley Corporation makes three products (X, Y, & Z) with the following characteristics:     Products   X Y Z Selling price per unit $10 $15 $20 Variable cost per unit $6 $10 $10 Machine hours per unit 2 4 10   The company has a capacity of 2,000 machine hours, but there is virtually unlimited demand for each product. In order to maximize total contribution margin, how many units of each product should the company produce? PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR.

The management of Furrow Corporation is considering dropping product L07E. Data from the company’s budget for the upcoming year for product L07E appear below:   Sales $830,000 Variable expenses $365,000 Fixed manufacturing expenses $291,000 Fixed selling and administrative expenses $166,000   In the company’s accounting system all fixed expenses of the company are fully allocated to products. Further investigation has revealed that $186,000 of the fixed manufacturing expenses and $106,000 of the fixed selling and administrative expenses are avoidable if product L07E is discontinued. The financial advantage (disadvantage) for the company of eliminating this product for the upcoming year would be (PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR):

Viruses are not considered living organisms because they ____________

In the initial exposure to an antigen__________

When an enzyme catalyzes a reaction, _______________.

As a result of a T-independent antigen ______

Black Corporation’s sales are $600,000, its fixed expenses are $150,000, and its variable expenses are 60% of sales. The margin of safety is (PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR):

Boersma Sales, Inc., a merchandising company, reported sales of 7,100 units in September at a selling price of $682 per unit. Cost of goods sold, which is a variable cost, was $317 per unit. Variable selling expenses were $44 per unit and variable administrative expenses were $22 per unit. The total fixed selling expenses were $157,200 and the total administrative expenses were $338,000.   The gross margin for September was (PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR):