Use the Following Information to Answer the Question(s)below

question 3

Multiple Choice

Use the following information to answer the question(s) below.
Plenty Corporation issued six thousand,$1,000 par,6% bonds on January 1,2010,at par.Interest is paid on January 1 and July 1 of each year;the bonds mature on January 1,2015.On January 2,2012,Scrawn Corporation,a 75%-owned subsidiary of Plenty,purchased 3,000 of the bonds on the open market at 102.50.Plenty's separate net income for 2012 included the annual interest expense for all 3,000 bonds.Scrawn's separate net income for 2012 was $400,000,which included the bond interest received on July 1 as well as the accrual of bond interest revenue earned on December 31.Both companies use straight-line amortization of bond discounts/premiums.
-Using the original information,the elimination entries on the consolidation working papers prepared on December 31,2012 included at least

• A)debit to Bond Interest Expense for $360,000.
• B)credit to Bond Interest Expense for $180,000 and a debit to Bond Interest Payable for $90,000.
• C)credit to Bond Interest Receivable for $180,000.
• D)debit to Bond Interest Revenue for $360,000.

Grasp the concept of the resting potential and action potential in neurons.

Explain the role of ion channels and ion pumps in neuron functions.

Understand the conditions under which action potentials are generated.

Recognize the importance of experimental models in neuroscience research.

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Definitions:

Opportunity Costs

The value of the best alternative forgone when a decision is made to pursue a particular course of action.

Mixed Costs

Mixed costs are expenses that contain both variable and fixed cost elements, changing in total with the level of activity but not directly in proportion to changes in activity level.

Sunk Costs

Costs that have already been incurred and cannot be recovered, and thus should not affect future investment or business decisions.

Variable Costs

Expenses that directly fluctuate in relation to the amount of goods produced or the volume of sales.