Given the following information for Nugget Corporation, answer the questions below. November December January February March Sales $300,000 $250,000 $275,000 $325,000 $350,000 Cash collected in month of sale 10% Credit collections: Collected in month of sale 10% Collected in month following the sale 75% Collected in second month following the sale 15% Each question should have one amount in the answer field. You must format your answers as follows: $x,xxx Total collections from cash sales for the quarter ending March 31, 2018. Total collections from credit sales for the quarter ending March 31, 2018. November December January February March Sales $300,000 $250,000 $275,000 $325,000 $350,000 Solution 1) Total collections from cash sales for the quarter ending March 31, 2018 $ 95,000 Working: January February March Total Sales $ 2,75,000 $ 3,25,000 $ 3,50,000 Cash Sales @ 10% $ 27,500 $ 32,500 $ 35,000 $ 95,000 2) Total collections from credit sales for the quarter ending March 31, 2018 $ 5,27,625 Working: November December January February March Total Sales $ 3,00,000 $ 2,50,000 $ 2,75,000 $ 3,25,000 $ 3,50,000 Credit Sales @ 90% $ 2,70,000 $ 2,25,000 $ 2,47,500 $ 2,92,500 $ 3,15,000 Collection of credit sales in the month of: November $ 27,000 December $ 2,02,500 $ 22,500 January $ 40,500 $ 1,68,750 $ 24,750 February $ 33,750 $ 1,85,625 $ 29,250 March $ 37,125 $ 2,19,375 $ 31,500 Total $ 2,47,500 $ 2,48,625 $ 31,500 $ 5,27,625.

1. l) Give several pieces of evidence that RNA preceded proteins and DNA in living things 2) Do
your answers to (1) mean that the first life was RNA-based, with RNA serving as both the
catalyst and the genetic material Briefly discuss the strengths and weaknesses of this hypothesis.
3) It is believed that the machinery for photosynthesis evolved only once, in the cyanobacteria.
However, several unrelated groups of eukaryotes, such as green plants, diatoms, and euglenoids,
are able to photosynthesize. How can this be explained? 4) Answer each question True or False
TVF). f the answer is false, explain why. Eukaryotic cells are more similar to archaea for genes
involved in protein synthesis and DNA replication, but more similar to bacteria for genes
involved in metabolism RNA has been found in meteorites, and was produced in the Miller-Urey
experiment, giving evidence supporting the "RNA-first" hypothesis of the origin of life. The
last universal common ancestor of all living things lived less than 2 billion years ago. The first
living things required oxygen (O2) The 12C C ratio is higher in living things than in atmospheric
CO2 5) Which of the following is your closest relative? Your second closest? a) a fungus; b) a
dinoflagellate; c) a pine tree; d) a choanoflagellate; e) aciliate; an archaean 6) Why are marine
organisms relatively common in the fossil record, but mountain-dwelling species relatively rare?
Solution
(5) on the basis of events by examining, cell adhesion, communication and development
choanoflagellate are the closest to us as they express some kind of same protein for cell adhesion
as in animals although choanoflagellate is unicellular.
than second closest is fungus and than archaean, ciliate, dinoflagellate & pine tree respectively.
(6) mostly, mountains are made from many layers of marine dead things which are consumed
soner or later after they die over millions of year by vertical placement of layers in particular
location. so marine organism are more commonly found than mountain dwelling species.
Only rarely do properties of the organism and environmental conditions promote fossilization.
To become a fossil, it helps to have- hard body parts,a rapid burial, protection from
scavengers/bacteria, protection from oxygen.