Posted: March 31st, 2017

Define liquidity, profitability, and solvency ratios. Please provide 2 examples of each type of ratio and explain the meaning of each specific example.

1. The cost, in millions of dollars, to remove x % of pollution in a lake modeled by
a. What is the cost to remove 75% of the pollutant?

b. What is the cost to remove 85 % of the pollutant?

c. What is the cost to remove 95% of the pollutant?

d. For what value is this equation undefined?

e. Do the answers to sections a to d match your expectations? Why or why not?

2. Biologists want to set up a station to test alligators in the lake for West Nile Virus. Suppose that the costs for such a station are $2,000 for setup costs and $2.00 to administer each test.

a. Write an expression that gives the total cost to test x animals.

b. You can find the average cost per animal by dividing total costs by number of animals. Write the expression that gives the average cost per animal.

c. Find the average cost per animal for 5 animals. 50 animals. 500 animals.

d. As the number of animals tested increases, what happens to the average cost to test the animals? Would the average cost ever fall below $2.00? If so, identify a value that supports your answer. If not, explain how you know.

e. How many animals should be tested for the average cost to be $4.00 per animal?

3. To estimate animal populations, biologists count the total number of animals in a small section of a habitat. The total population of animals is directly proportional to the size of the habitat (in acres) polled.

a. Write an equation that could be used to solve for the constant of variation k.

b. A biologist counted the number of white tail deer in a 550 acre parcel of land in a nature preserve and found 25 deer. Find the constant of variation k.

c. If the entire nature preserve is 2,200 acres, then what is the total white tail deer population in the preserve? Describe how you arrived at your answer.

Define public accounting, private accounting, and forensic accounting. Please provide examples of jobs/careers within each of these areas of accounting.
Define liquidity, profitability, and solvency ratios. Please provide 2 examples of each type of ratio and explain the meaning of each specific example.
Explain income from discontinued operations, extraordinary items, and changes in accounting principle. Provide examples of each of these types of transactions.

Each needs to be 200 word responses for each question

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