An energy production company has the following information regarding the acquisition of new gas-turbine equipment. Purchase price = $780,000. Trans-oceanic shipping and delivery cost =$4300. Installation cost (1 technician at $1600 per day for 4 days) =$6400. Tax recovery period = 15 years. Book depreciation recovery period = 10 years. Salvage value = 10% of purchase price. Operating cost (with technician) = $185,000 per year. The manager of the department asked your friend in Accounting to enter the appropriate data into the tax-accounting program. What are the values of B, n, and S in depreciating the asset for tax purposes that he should enter?

The following are nine technical accounting terms introduced or emphasized in this chapter:

$$\begin{array}{lll}\text { Responsibility margin } & \text { Transfer price } & \text { Common fixed costs } \\ \text { Contribution margin } & \text { Cost-plus transfer price } & \text { Traceable fixed costs } \\ \text { Performance margin } & \text { Product costs } & \text { Committed fixed costs }\end{array}$$

Each of the following statements may (or may not) describe one of these technical terms. For each statement, indicate the accounting term described, or answer "None" if the statement does not correctly describe any of the terms.

b. Cost to produce plus a predetermined markup.

The below statement corresponds to a numbered sentence in the passage. It contains a blank and is followed by four answer choices. Decide which choice fits best in the blank. The word or phrase that you choose must express roughly the same meaning as the italicized word in the passage. Write the letter of your choice on the answer line.

The $\underline{?}$ standards of modern works can be difficult to understand. ______________ (aesthetic)

a. high b. declining c. artistic d. commercial

William Prout (1815) proposed that all other atoms are built up of hydrogen atoms, suggesting that all elements should have integral atomic masses based on an atomic mass of one for hydrogen. This hypothesis appeared discredited by the discovery of atomic masses, such as $24.3 \mathrm{u}$ for magnesium and $35.5 \mathrm{u}$ for chlorine. In terms of modern knowledge, explain why Prout's hypothesis is actually quite reasonable.

The production of forages in the United States equals $\rule{1cm}{1pt}$ percent of the land used for crops.
a. $25$
b. $35$
c. $50$\ d. $65$

How did the creation of the Fed improve our banking system?

Understanding the evolution of our banking system is important because it helps us understand the features of modern banking. Today we have a managed money supply that is accepted by everyone simply because people have faith in it. Which of the following is true about our banking system today?

a) Most of our money circulates as coins and paper currency.

Identify the opinion contained in the statement below. If the statement contains no opinions, write none.

Example: Daw Aung San Suu Kyi is the daughter of General Aung San, the wildly popular founder of modern Burma, or Myanmar.

Answer: wildly popular

After receiving a university education in Britain, Suu Kyi returned to Burma in $1988$ where she became a courageous foe of the military regime.

The chemical energy released by burning a gallon of gasoline is approximately $1.3 \times 10^5 \mathrm{~kJ}$. Estimate the total energy used by all of the cars in the United States during the course of one year. What fraction does this represent of the total energy use by the United States in one year (currently about $5 \times 10^{20} \mathrm{~J}$ )?

(a) Recall: What connections does Rodriguez draw between Addison's London and modern-day Tijuana?
(b) Recall: As a journalist, in what way must Rodriguez present the border town of Tijuana?
(c) Speculate: Because of th e parallels Rodriguez notes between him self and Tijuana, do you think he can be objective in his presentation of the city? Why or why not?

The Enormous State University’s Accounting Society has decided to produce a version of the ballet Swan Lake, in which all the female roles (including all of the swans) will be danced by men, and vice versa. Here are the main characters: Prince Siegfried. Prince Siegfried’s Mother. Princess Odette, the White Swan. The Evil Duke Rotbart. Odile, the Black Swan. Cygnet #1, young swan. Cygnet #2, young swan. Cygnet #3, young swan. The ESU Accounting Society has on hand a total of 4 female dancers and 12 male dancers who are to be considered for the main roles. How many possible casts are there?

Silicon is the second most abundant element in the Earth's crust, and its compounds can be as ordinary as beach sand. However, silicon also plays an indispensable role in modern devices such as computers, cell phones, semiconductors, and solar panels. A recent technology incorporates silicon in nanometer-sized particles called quantum dots that act as luminescent labels for pancreatic cancer cells. Identify the electron configuration of a silicon atom.

Critic's Corner The editors of the Folger Library edition of Julus Caesor point out that Elizabethans "did not have our modern distaste for dictators, ... and they admired forceful and successful leaders like Caesar." Do you see evidence of this admiration in Act One of the play? Would you say that Shakespeare himself admires Julius Caesar? Cite details from Act One to support your opinions.

Design an experiment that would test the ability of fern gametophytes to grow on different soils.

According to the Federal Bureau of Investigation, there is a violent crime in the United States every 22 seconds ( $A B C$ News, September 25, 2007). Assume that the time between successive violent crimes is exponentially distributed.

a. What is the probability that there is a violent crime in the United States in the next one minute?

b. If there has not been a violent crime in the previous minute, what is the probability that there will be a violent crime in the subsequent minute?