A Flask Containing Neon Gas Is Connected to an Open-Ended

question 48

Multiple Choice

A flask containing neon gas is connected to an open-ended mercury manometer. The open end is exposed to the atmosphere, where the prevailing pressure is 745 torr. The mercury level in the open arm is 50. mm below that in the arm connected to the flask of neon. What is the neon pressure, in torr?

• A) -50. torr
• B) 50. torr
• C) 695 torr
• D) 795 torr
• E) none of the above

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Definitions:

Merger

The process by which two or more companies combine to form one entity, often with the intention of increasing competitive advantage or expanding market reach.

Purchase Method

The purchase method is an accounting approach used in mergers and acquisitions, where the assets and liabilities of the acquired company are consolidated at their fair market values.

Fair Market Value

The price at which an asset would exchange between a willing buyer and a willing seller, each having reasonable knowledge of the relevant facts, and neither being under any compulsion to buy or sell.

Goodwill

An intangible asset that arises when a buyer acquires an existing business, representing the premium paid over the fair market value of the identifiable assets and liabilities.