At the Beginning of the Year, AAA-1 Towing Owns Trucks

question 55

Multiple Choice

At the beginning of the year, AAA-1 Towing owns trucks and buildings for a total value of $1 million.During the year, it invests $250,000 to replace towing trucks worth $230,000 destroyed in a flood and to cover $50,000 worth of depreciation.AAA-1 Towing's net investment was

• A) $200,000.
• B) $20,000.
• C) $280,000.
• D) -$30,000.
• E) $250,000.

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Definitions:

Translation

The conversion of information provided by mRNA into a specific sequence of amino acids in a polypeptide chain; process also requires transfer RNA and ribosomes.

Aminoacyl-tRNA Synthetases

Enzymes that play a crucial role in protein synthesis by attaching the appropriate amino acid to its corresponding transfer RNA (tRNA).

Covalent Bonds

Chemical bonds formed by the sharing of one or more pairs of electrons between atoms, contributing to molecule stability.

tRNA

Transfer RNA (tRNA) is a type of RNA that helps decode a messenger RNA (mRNA) sequence into a protein during protein synthesis.