Examlex
Muscular dystrophy is a group of inherited disorders that lead to increasing muscle cell loss and thus muscle weakness over time. There are many different types of muscular dystrophy. Symptoms can vary, although all involve muscle weakness. Duchenne muscular dystrophy (DMD) is a recessive X-linked form that leads to muscle degeneration and death usually by age 25. Symptoms begin before age 5 and include low endurance and difficulties standing. As the condition progresses, muscle tissue is replaced with adipose and other types of connective tissue. Abnormal bone development and some neurobehavioral and learning disabilities may also occur. DMD occurs as a result of a mutation in a single gene on the X chromosome. This gene codes for a particular protein, dystrophin, which plays a major role in the structure of muscle cells. The protein formed by the mutated gene is nonfunctional, and the absence of a functional protein eventually leads to cell death. A woman who is a carrier for DMD marries a man who does not have the disease. What is the probability that they will have a boy with DMD?
Fair Value
An estimate of the price at which an asset or liability would change hands between willing parties, not under duress, in an orderly transaction.
Initial Value Method
An accounting method where investments are recorded at their cost at the time of acquisition without subsequent adjustment for changes in market value.
Consolidation Worksheet
A tool used in accounting to combine the financial statements of a parent company with its subsidiaries to prepare a consolidated statement.
Equity Method
An accounting technique used to record investments in other companies by recognizing the investor's share of the investee's profits or losses.
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