Thomas Jefferson was born in 1743. How old was he when he was elected president of the United States in 1800? (Write an equation and solve the problem.)

As part of the Great Plains of the United States, the topography of the state of Kansas is relatively flat. On the other hand, portions of the state of Colorado are mountainous. Describe how the contour interval and the contour lines might vary on topographic maps of these two states.

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.

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?

What equipment would you need to design an experiment that measures relative humidity?

Avoid repetition by replacing the boldfaced word or expression with a synonym from the following words.

$$\begin{array}{lllll}\text { eradicate } & \text { understudy } & \text { ungag } & \text { update } & \text { upheaval } \\ \text { upkeep } & \text { upturn } & \text { withdraw } & \text { withdrawal } & \text { withstand }\end{array}$$

____d Our neighbors have modernized their kitchen. It now has a decidedly modern look.

You design an experiment to test the effectiveness of a vaccine against a strain of influenza. In the experiment, 100,000 people receive the vaccine and another 100,000 people receive a placebo. Identify a potential problem with the experimental design. Then describe how you can improve it.

Visit the website of the SEC (https://www.sec.gov/edgar/searchedgar/companysearch.html). Search for the latest Form 10-K for a company you would like to analyze. Submit a short memo that

C. State the changes identified in (A), (B), and (C) in accounting equation format. If the “change” equation does not balance, explain why not. Hint: Double-check your calculations, and if the accounting equation change still does not balance, search for notes in the company’s files about prior period adjustments, which will often explain why balances may differ.

i. Provide the web link to the company’s Form 10-K to allow accurate verification of your answers.

Palm oil is one of the world's most versatile raw materials. It is estimated that it is an ingredient in $50 \%$ of all products sold by a typical supermarket. It is used in a wide range of products from margarine, cereals, crisps, sweets and baked goods to soaps, washing powders and cosmetics but it is often listed as just 'vegetable oil'. So, its production benefits customers of these products. In addition, an estimated $1.5$ million small farmers grow the crop in Indonesia, along with about $500000$ people directly employed in the sector in Malaysia, plus those connected with related industries. The governments of these countries have encouraged production as it is a major export for these economies.

However, the industry has a poor image. Palm oil production has led to deforestation with a resulting negative impact on climate change. There has been substantial loss of wildlife habitat, even endangering the orangutan. Palm oil companies have been accused by community groups of driving native people off their land which is then used for palm oil production. Socially responsible businesses, such as KL Kepong in Malaysia, have agreed to an ethical code which aims to make palm oil production 'sustainable' with fair treatment for all local populations affected by it. However, many companies have been accused of breaking the code as there is no strong world body to stop them behaving irresponsibly. In any case, food manufacturers want to maximise profits and final consumers want the cheapest raw materials possible.

Analyse the impact on these two stakeholder groups of a decision by KL Kepong to close one of its palm oil plantations

In each sentence below, a modifier is underlined. If the form of the modifier is incorrect, write the correct form above it. If it is already correct, write $C$ above it. Example 1. When he got up, Benjamin felt $\underline{\text{badder}}$ (worse) than when he had gone to bed.

10. Modern science fiction moves have gooder special effects than early movies did.

You want to create a circuit from the following materials: a battery, copper wire, a switch, and three light bulbs. Design your circuit so that the light bulbs shine as brightly as possible. Draw a circuit diagram to reflect your design.

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?

What’s the relationship between the design of a manufacturing process and the firm’s strategic competitive dimensions ?

Design a method to determine the solubility of an unknown substance at $50^{\circ} \mathrm{C}$.