REVIEW SHEET EXERCISE 12 Serological Testing NAME: LAB TIME/DATE: Positive and Negative Controls 1. Why are there a number of washing steps in serological tests? They are needed in order to remove any non specific binding that may happen. 2. Describe how you would know that you had a “false positive” result. What does this mean for the rest of your results? If it has a negative control then it’s a false positive so the results are invalidated. 3. Describe how you would
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Balance Sheet and Income Statement Commentary BSA/500 – Business Systems I July 2‚ 2012 Balance Sheet and Income Statement Commentary JB Hunt (Trucking and logistics) On JB Hunt’s balance sheet for 2011 lists current assets of $513‚542‚000 and current liabilities of $438‚515‚000‚ yielding a current ratio of 1.17‚ which indicates the company‚ has $1.17 of current assets for every $1 of current liabilities. The previous year 2010‚ the current ratio was 0.91. This shows a 29% increase in the
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Number System: Conversion of Decimal number to Binary number: Set up the problem. For this example‚ let’s convert the decimal number 15610 to binary. Write the decimal number as the dividend inside an upside-down "long division" symbol. Write the base of the destination system (in our case‚ "2" for binary) as the divisor outside the curve of the division symbol. Write the integer answer (quotient) under the long division symbol‚ and write the remainder (0 or 1) to the right of the dividend
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Quiz 1: 50 points – Due November 8‚ 2008 at Midnight Each question is worth 3.33 points 1. Financial statement ratios support informed judgments and decision making most effectively: a. when viewed for a single year. b. When viewed as a trend of entity data. c. When compared to an industry average for the most recent year. d. When the trend of entity data is compared to the trend of industry data. 2. When comparing entity financial ratios with industry ratios: a. it should be assumed
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Nike is a famous sport company in the world‚ and it was founded by Phil Knight and Bill Bowerman in 1964. The motivation to found Nike Company is Japanese running shoes. In 1962‚ Phil Knight traveled to Japan after he graduated from Stanford University. He found a Japanese athletic shoes company‚ Onitsuka Tiger Company during his travelling‚ and he really likes that company. He believes those shoes will be popular in American market in the future‚ and it is a good opportunity for him to start a business
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[pic] The Chinese University of Hong Kong School of Accountancy ACY 6110 Financial Accounting Theory Fall 2011 Professor Kevin C. K. Lam Room 1016 Chung Yu Tung (CYT) Building The Chinese University of Hong Kong Phone: 2609-7894 E-mail: kevinlam@cuhk.edu.hk Webct: http://webct.cuhk.edu.hk Course Scope and Objectives Financial Accounting Theory is concerned with the models‚ hypotheses‚ and concepts that together form the foundation for financial accounting practice. This course
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methods for examining the income statement and balance sheet. There are certain ratios that can be used to measure profitability and asset utilization. Financial statements allow the business to stop in time so that entrepreneurs and investors alike can measure the fiscal performance of the company. This article looks at vertical analysis as one method of analyzing financial statements. Vertical Analysis of the Financial Statements Vertical analysis compares different categories of the financial
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5-30 (Assertions) 1. The allowance for doubtful accounts is fairly presented in amount- Valuation and Allocation Assertion (Compare accounts receivable according to GAAP matching principle) 2. All accounts payable owed as of the balance sheet date are included in the financial statements- Completeness(Do the balances contain all transactions for the period) 3. All purchase returns recorded in the general ledger are valid- Existence/Occurrence(Do the recorded accounts represent valid liabilities
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In United States‚ the merchandise (goods) trade balance is the most widely known indicator of U.S international economic activity. In 2011‚ total merchandise trade has reached $3‚688 billion. A 16% increase over the 2010 value‚ a 22% increase in 2010 which is up to $3‚191 billion and a 23% decrease in 2009 which up to $2‚616 billion. From the data obtained above‚ merchandise exports in 2011 total is $1‚480 billion‚ while imports had reached $2‚208 billion. The U.S merchandise trade deficit fell massively
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Masai Mara is one of the top world holiday destinations for all types of travellers from budget‚ independent to business travellers and luxury holiday makers. Enchoro wildlife camp is Masai Mara’s best budget camping place to stay for back packers and travellers of all walks of life. You will meet with loads of people travelling from all over the world and party the nights away. If you are looking for a budget accommodation that is affordable with comfortable beds‚ clean with a safe night’s sleep
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