An Experiment Began with 4 Cells in Log Phase and Ended

question 15

Multiple Choice

An experiment began with 4 cells in log phase and ended with 128 cells.How many generations did the cells go through?

• A)64
• B)32
• C)6
• D)5
• E)4

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Definitions:

Gross Profit

The financial metric that represents the difference between sales revenue and the cost of goods sold.

LIFO Inventory Method

An accounting technique where the most recently acquired items of inventory are recorded as sold first, often used to calculate cost of goods sold and ending inventory.

Merchandise Inventory

The goods and products a company holds for the purpose of selling to customers.

FIFO Inventory Method

An approach to valuing inventory that assumes the first items purchased are the first ones sold, leading to older inventory costs being assigned to cost of goods sold.