Use the Following Information for Questions

question 29

Multiple Choice

Use the following information for questions.
The balance sheet data of Kohler Company at the end of 2011 and 2010 follow:
Land was acquired for $100,000 in exchange for ordinary shares, par $100,000, during the year; all equipment purchased was for cash.Equipment costing $10,000 was sold for $4,000; book value of the equipment was $8,000 and the loss was reported in net income.Cash dividends of $20,000 were charged to retained earnings and paid during the year; the transfer of net income to retained earnings was the only other entry in the Retained Earnings account.In the statement of cash flows for the year ended December 31, 2011, for Naley Company:

-The net cash provided by operating activities was

• A)$52,000.
• B)$66,000.
• C)$56,000.
• D)$48,000.

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Definitions:

Single-stranded Tails

Single-stranded tails refer to the unpaired regions of nucleic acids that extend from the main double-stranded structure of molecules like DNA or RNA.

Sticky Ends

Overhanging, single-stranded ends of DNA that are produced by the action of certain restriction enzymes, useful in molecular cloning to join DNA fragments together.

Introns

Non-coding sequences of DNA within a gene that are removed via RNA splicing during mRNA processing, leaving only exons to be translated into protein.

Human Genes

Specific sequences of DNA within the human genome that determine individual hereditary characteristics.