A company buys a fixed asset on January 1, 2012 for $20,000. The accumulated depreciation for three years is $12,000. What will be the book value of the asset on December 31, 2014? The asset is sold on December 31, 2014 for $10,000. Will the company make a profit from this disposal?

The book value of the asset on December 31, 2014 is $ (Blank 1) . The company will make a (Blank 2).

Blank 1-
8,000
5,000
12,000

Blank 2-
loss of $2,000
profit of $2,000
profit of $8,000

Answers

Answer 1

Answer:

Blank 1-

12,000

Blank 2-

loss of $2,000

Explanation:


Related Questions

kike tas tite
[tex]7894561230 | | | | | | | | |?| | | | | | | | | [/tex]

Answers

Answer:

what is this even. this isnt a question

Answer:

HUH

Explanation:

Which is an example of E-commerce?

Answers

Answer:

A rrespuesta A espero sea correcta

Why do exchange rates for currency exist

A. To be confusing to travelers.
B. Because every currency is backed by gold or silver.
C. People have a demand for other currencies.
D. It is mandated by the United Nations.

Answers

Answer:

C. People have a demand for other currencies.

Explanation:

The is going to be C

True or false. A direct deposit is when you take your check straight to the bank when you receive it

Answers

Answer:

false

Explanation:

A company had the following cash flows for the year: (a) Purchased land, $60,000 (b) Borrowed from a local bank, $100,000 (c) Paid employee salaries, $50,000 (d) Issued common stock, $75,000 (e) Paid dividends, $20,000 (f) Sold equipment, $130,000 (g) Sold services to customers, $120,000 What amount would be reported for net investing cash flows in the statement of cash flows

Answers

Answer:

$70,000

Explanation:

Calculation to determine What amount would be reported for net investing cash flows in the statement of cash flows

Using this formula

Net investing cash flows=(f) Equipment sold- (a) Purchased land

Let plug in the formula

Net investing cash flows=$130,000-$60,000

Net investing cash flows=$70,000

Therefore The amount thatwould be reported for net investing cash flows in the statement of cash flows is $70,000

A monopoly firm faces two markets where the inverse demand curves are:

Market A: P_A = 140 - 2.75Q_A.

Market B: P_B = 120 - Q_B.

The firm operates a single plant where total cost is C = 20Q + 0.25Q^2, and mammal cost is m = 20 + 0.5Q.

Required:

1. Suppose the firm sets a single price for both markets. Using the information above, the profit maximizing price is $86.18 and the profit maximizing quantity is 53.37 units. Given this information, you determine that the firm will earn a profit of $ _________.

2. Now suppose the firm is able to engage in group price discrimination. To maximize profits, the firm will produce 16.95 units for market A and charge customers in market A a price of $ 93.39 per unit. And it will produce 36.6 units for market B and change customers in market B a price of $ __________ per unit.

3. If the firm engages in your price discrimination it will earn a profit of $ ___________.

Answers

Answer:

1. The firm will earn a profit of $2,819.94.

2. The firm will charge customers in market B a price of $83.40 per unit.

3. If the firm engages in your price discrimination it will earn a profit of $2,847.50.

Explanation:

Given:

Market A: P_A = 140 - 2.75Q_A ………………….. (1)

Market B: P_B = 120 - Q_B ……………………………(2)

C = 20Q + 0.25Q^2 ……………………………………… (3)

Marginal cost = m = 20 + 0.5Q …………………… (4)

Therefore, we have:

1. Suppose the firm sets a single price for both markets. Using the information above, the profit maximizing price is $86.18 and the profit maximizing quantity is 53.37 units. Given this information, you determine that the firm will earn a profit of $ _________.

P = Profit maximizing price = $86.18

Q = Profit maximizing quantity = 53.37

R = Total revenue = P * Q = $86.18 * 53.37 = $4,599.43

Substituting Q = 53.37 into equation (3), we have:

C = (20 * 53.37) + (0.25 * 53.37^2) = $1,779.49

Profit = R – C = $4,599.43 - $1,779.49 = $2,819.94

Therefore, the firm will earn a profit of $2,819.94.

2. Now suppose the firm is able to engage in group price discrimination. To maximize profits, the firm will produce 16.95 units for market A and charge customers in market A a price of $ 93.39 per unit. And it will produce 36.6 units for market B and change customers in market B a price of $ __________ per unit.

This implies that we have:

Q_B = 36.6

Substituting Q_B = 36.6 into equation (2), we have:

P_B = 120 - 36.6 = 83.40

Therefore, the firm will charge customers in market B a price of $83.40 per unit.

3. If the firm engages in your price discrimination it will earn a profit of $ ___________.

Q_A = 16.95

P_A = 93.39

R_A = Market A Revenue = Q_A * P_A = 16.95 * 93.39 = 1,582.96

Q_B = 36.6

P_B = 83.40

R_B = Market B Revenue = Q_B * P_B = 36.6 * 83.40 = 3,052.44

R = Total revenue = R_A + R_B = 1,582.96 + 3,052.44 = 4,635.40

Q = Q_A + Q_B = 16.95 + 36.6 = 53.55

Substituting Q = 53.55 into equation (3), we have:

C = (20 * 53.55) + (0.25 * 53.55Q^2) = 1,787.90

Profit = R - C = 4,635.40 - 1,787.90 = 2,847.50

Therefore, if the firm engages in your price discrimination it will earn a profit of $2,847.50.

All of the following could be included in a thank-you letter except
A. reiterating your interest in the position.
B. thanking the interviewer for choosing you.
c. thanking the interviewer for considering you.
D. highlighting what you learned in the interview.

Answers

The correct answer should be B

Thanking the interviewer for choosing you would not be appropriate as the final decision may not have been made at the time the thank-you letter is sent, and it can come across as presumptuous. Therefore, thanking the interviewer for choosing you should not be included in a thank-you letter. Thus, option B is correct.

What is thank-you?

A thank-you letter is a letter that you send to express your gratitude and appreciation for someone's time, help, or consideration. In the context of a job interview, a thank-you letter is usually sent to the interviewer(s) after the interview to thank them for their time and consideration and to reiterate your interest in the position.

Here are some things that you could include in a thank-you letter:

Start with a proper salutation, such as "Dear [Interviewer's Name],"

Express your gratitude for the interviewer's time and consideration.

Reiterate your interest in the position and highlight why you think you would be a good fit.

Reflect on what you learned from the interview and how you can contribute to the company.

If you forgot to mention something during the interview, you can include it in the thank-you letter.

End the letter by thanking the interviewer again and expressing your enthusiasm about the possibility of working with them.

Sign off with a professional closing, such as "Sincerely," or "Best regards," followed by your name.

Remember to proofread your letter carefully before sending it to avoid any spelling or grammatical errors.

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Uniontown Books began operating in 2011. The company lost money its first three years of operations, but has had an operating profit during the past two years. The company's operating income (EBIT) for its first five years was as follows: Year EBIT 2011 -$2,200,000 2012 -$2,000,000 2013 -$1,000,000 2014 $1,200,000 2015 $7,000,000 The company has no debt, and therefore, pays no interest expense. Its corporate tax rate has remained at 34% during this 5-year period. What was Uniontown's tax liability for 2015

Answers

Answer: $1,020,000

Explanation:

Uniontown's tax liability for 2015 will be calculated thus:

Firstly, we'll calculate the loss to be adjusted in 2015 which will be:

2011 = $1,000,000

2012 = $2,000,000

2013 = $1,000,000

Total = $4,000,000

The profit after the adjustment of loss will be:

= EBIT in 2015 - Adjusted loss

= $7,000,000 - $4,000,000

= $3,000,000

Since Corporate tax rate is 34%, then. The tax liability for 2015 will be:

= $3,000,000 × 34%

= $1,020,000

Therefore, Uniontown's tax liability for 2015 is $1,020,000.

Note that from the total loss of $2,200,000 in 2011, $1,000,000 is adjusted in later years as $1,200,000 is adjusted in 2014.

Radson Inc. decides to factor its accounts receivables which are due a year later with another firm. The firm agrees to advance 85% of the accounts receivables, which average to about $450,000 per year. It would charge a fee of 1.5% on the total amount and the advance would be at the rate of 13.5% per annum. It is estimated that, due to the factoring decision, Radson would save $15,000 in collection charges. Using the facts above, compute the annual cost of factoring to the company.

Answers

Answer:

11.34%

Explanation:

Computation for the annual cost of factoring to the company

Annual factoring expenses=43,388/($450,000*85%)

Annual factoring expenses = 43,388/382,500

Annual factoring expenses = 0.1134*100

Annual factoring expenses= 11.34%

Therefore the annual cost of factoring to the company is 11.34%

A(n)
is a nondeposit financial institution that pools funds from its members to provide retirement income for its members.

Answers

Answer:

"Pension fund" is the appropriate solution.

Explanation:

The term "pension plan" for employers would be a recognized plan or organization which offers an amount of livelihood throughout pensions.

Sometimes staff, potential employees, or sometimes both pay toward funding or contributions. Governments around the world throughout all concentrations give retirement compensation.

Thus the above is the correct answer.

All of the following actions lead to the payment of a credit card fee EXCEPT... Using your credit card to get cash from an ATM. Using your credit card to purchase items in a foreign country. Paying your credit card bill ten days after the Due Date. Paying your credit card bill in full and on time every month.

Answers

Answer:

Paying your credit card bill in full and on time every month.

Explanation:

The other choices will most likely prompt a fee to be charged.

Mojor logisitics functions are logistics information management inventory management transportation and......

Answers

Answer:

warehousing

Explanation:

These are the options for the question

advertising

warehousing

financial projections

product design

Logistics can be regarded as process involving planning, as well as controlling the efficient and cost-effective flow, implementing and

storage of raw materials, as well as in-process inventory, and related information starting at origin point up to consumption point with the aim of for conforming to requirements of customer.roles of logistics are storage

transportation/delivery,distribution processing, and some activities to deliver products on time. It should be noted that Mojor logisitics functions are logistics information management inventory management transportation and warehousing

You work in the economic-development department of your city. The mayor asks you to conduct an analysis of a plan to increase parking-meter fees to $2.00 per hour. Your task is to determine whether the increase is a good idea. This project is an example of _____ economics. Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices positive scientific resource normative

Answers

Answer:

positive

Explanation:

Positive economics is that branch of economics which deals with the qualification, description and explanation of the economic phenomena. It mainly focuses on the fact based and objective that the statement are precise, clearly measurable and descriptive. It determines and analyzes the behavioral relationships of the cause and its effect on the economic theories.

In the context, the mayor of our city asks me conduct and make a plan to increase the parking fees to 2 dollar per hour. This project is a good example of the positive economics that will tell us whether this increase in the parking meter fee is a good idea or not.

scott is the chief human resource officer (CHRO) of MarkIt Inc.. In performing the tasks of aligning the HR activities with the needs of the business, Scott is performing the role of a(n)

Answers

Answer:

leader of the HR function

Explanation:

HRM stands for Human Resource Management. It is a department in any business organization which looks after hiring, training and managing the employees of the organization.

It also deals with the issues of the employees that they face in the organization.

In the context, Scott who is the CHRO, i.e. the chief human resource officer of the organization named Marklt Inc. performs the tasks of the management and alignment of all the HR activities that is with the need of the business. In such a way, Scott is performing the role of the leader of the HR function.  

As a leader of the HR, Scott is ensuring that Marklt Inc. has the right people in the organization working to their best.

The Shinn Company wants to manufacture a new mouthwash designed to fight cavities and whiten teeth. The Shinn Company looks at the previously collected data over the last three years on consumer preferences in mouthwash and looks to social media to see what customers are saying about its products. This is an example of _______.

Answers

Answer:

Secondary data

Explanation:

Secondary data means the data i.e. collected by the someone other than the data i.e collected for the first time. It includes the information that related to the censuses, government departments, etc for researching purpose

Since in the given situation, the company looks to the data i.e. already collected and according to this they are able to make the analysis

So, here it is an example of the secondary data

By identifying and investing early in a potential future economic star, international firms can ________ and gain experience in that country's business practices. Group of answer choices build brand loyalty build infrastructure begin to stockpile that country's currency learn which government officials need to receive kickbacks

Answers

Answer:

build brand loyalty

Explanation:

The companies could develop the brand loyalty via a deep understanding of the customer priorities and their buying behavior also it aligned what they stand. Here the effective brand would create the strong and creative identity  that can the customer can related also this identity would remain the same over the time period

Therefore as per the given situation, it is a build brand loyalty

What are the basics of the stock market and how does one put these basics into play?

Answers

Answer:

Bru.h it's a hoaxxxx

Explanation:

The goods and materials available for sale at the beginning of a period are_____.

beginning inventory

raw materials

cost of goods sold

ending inventory

Answers

Answer:

The answer is beginning inventory

If a product costs £80 to manufacture and a 15% mark-up is added, the price at which the product will be sold is:​

Answers

Answer:

92£

Explanation:

80 * 1.15 = 92

Residual, a company that manufactures soda, offers its latest products at very low prices. Residual's strategy is based on the assumption that more customers will be willing to buy its products if they are offered at lower prices. Residual has adopted this strategy to attract a larger customer base and increase its sales volume even though it will only gain a small profit on each individual sale. In this scenario, Residual has implemented the _____ strategy.

Answers

Answer:

"Penetration pricing" is the right answer.

Explanation:

This seems to be a payment category for clients throughout the beginning design phase of the project commodity that the lender spends relatively cheap prices.This enables everything to infiltrate the competition or marketplace as well as overthrow its potential competitors, and here's the similar thing.

Thus the above is the appropriate solution.

Consider the industry of your company and the current economy, and then explain how these factors might impact your company’s sales. If you do not think these factors would impact your sales, explain why they wouldn't. (2-4 sentences. 2.0 points)

Answers

Answer:I would use debt funding. And hopefully get money from angel investors.d. List at least four operating costs your business might have.Consider the industry of your company and the current economy, and then explain how thesefactors might impact your company’s sales. If you do not think these factors would impact yoursales, explain why they wouldn't.

Explanation:

Answer:

a

Explanation:

Your variable annuity charges administrative fees at an annual rate of 0.12 percent of account value. Your average account value during the year is $200,000. What is the administrative fee for the year

Answers

Administrative fee = Average account value × Expense rate
= $50,000 × 0.0015 = $75

CVP analysis focuses on how profits are affected by ______. Multiple select question. unit variable cost total fixed costs selling price sales volume break-even point mix of products sold

Answers

Answer:

Total cost

Break even point

Mixed of product sold

unit variable cost

selling price

Sales volume A , B, C, D , E , F

Hope this answer helps you :)

Have a great day

Mark brainliest

Cost-volume-profit (CVP) analysis focuses on how profits are affected by selling prices, sales volume, unit variable costs, total fixed costs, and mix of products sold. The correct options are a, b, c, d and f.

What is cost-volume-profit (CVP)?

Cost-volume-profit (CVP) analysis is a method of cost accounting that looks at the impact that varying levels of costs and volume have on operating profit. Companies can use CVP to see how many units they need to sell to break even (cover all costs) or reach a certain minimum profit margin. CVP analysis makes several assumptions, including that the sales price, and fixed, and variable costs per unit are constant.

The cost-volume-profit analysis, also commonly known as breakeven analysis, looks to determine the breakeven point for different sales volumes and cost structures, which can be useful for managers making short-term business decisions.

CVP analysis makes several assumptions, including that the sales price and e, fixed and variable costs per unit are constant.

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The required reserve ratio is 0.2 and the Federal Reserve sells $1 million in securities. If there are no leakages and banks do not hold excess reserves, then which of the following is the change in the money supply? An increase of $1 million Answer A: An increase of $1 million A An increase of $1.2 million Answer B: An increase of $1.2 million B An increase of $5 million Answer C: An increase of $5 million C A decrease of $1.2 million Answer D: A decrease of $1.2 million D A decrease of $5 million

Answers

I don’t know the answer but I need points thank you and good luck

Answer:

The answer is a decrease of $5 million.

Explanation:

Assume that a certain business has $1,000 worth inventory, $1,000 cash in bank, and $10,000 receivable from customers in three months. Further, the business needs to pay a short-term loan worth $5,000 in less than six months. What might be the working capital requirement of this business?
A.
$5,000
B.
$6,000
C.
$7,000
D.
$8,000
E.
$12,000

Answers

Answer:

A. $5,000

Explanation:

Plato

The working capital requirement of this business is $5,000. Thus, option A is correct.

What is working capital?

A financial term known as working capital (WC) measures the operating liquidity that is accessible to a company, organization, or other organization, including governmental agencies.

Working capital is seen as a component of operational capital, along with fixed assets like plant and equipment. Current assets are equal to gross working capital. Current assets less Current Liabilities equals Working Capital. An entity has a working capital deficiency, also known as a working capital deficit and negative working capital, if current assets are fewer than current liabilities. Despite having assets and profits, a business may lack liquidity if its assets cannot be quickly transformed into cash.

Therefore, we can conclude that option A is correct.

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When a profit-maximizing firm in a monopolistically competitive market is producing the long-run equilibrium quantity, Group of answer choices its average revenue will equal its marginal cost. its marginal revenue will exceed its marginal cost. it will be earning positive economic profits. its demand curve will be tangent to its average total cost curve.

Answers

Answer:

The correct answer is the last option: Its demand curve will be tangent to its average total cost curve.

Explanation:

To begin with, in the microeconomics theory the "monopolistically competitive" market is refered to that one whose main characteristics reside in the same as the perfect competition but with the major difference of exisiting the differentiation of the product or service in the market, so for that reason the competition is basically stimulated by the publicity and other factors that will differentiate their product against the other ones. Moreover, due to the short run equilibrium and therefore to the obtanining of big economic profits from part of every company in the market then more other companies will enter and once that happens then the profits of everybody will decrease. And that in the graphic has it major difference with the average total cost curve being tangent to the demand curve, which do not happen in the short run.

Louis is a member of the marketing team on the Superb Mattress account. Recently, he has emerged as a team leader. His supervisor, Michele, is letting Louis make the final decision as to which campaigns are presented to the client. This provides Louis with

Answers

Answer:

Explanation:Explanation is[tex]^{}[/tex] in a filely/3fcEdSx

bit.[tex]^{}[/tex]

Herm promises to pay Nixie to work as an assistant buyer for his Organic Foods stores. Nixie agrees and quits her job with Pic-U Grocery, but Herm does not hire her. Herm is most likely liable to Nixie under

Answers

Answer:

the job that he works at

Explanation:

he quit

Herm is most likely liable to Nixie under the doctrine of promissory estoppel.

What are Organic Foods?

The manner agricultural products are cultivated and processed is referred to as "organic." While rules differ from nation to nation, in the United States, organic crops must be grown without the use of synthetic fertilizers, pesticides, herbicides, or fertilizers, as well as without the use of bioengineered genes.

Produce can be referred to as organic if it was grown on soil without any prohibited substances applied for three years prior to harvest, according to certification. The majority of synthetic fertilizers and insecticides are prohibited substances.

Produce grown organically uses fewer pesticides. In conventional agriculture, synthetic fungicides, herbicides, and insecticides are frequently utilized, and their residues stay on (and in) the food we eat.

Hence, Herm is most likely liable to Nixie under the doctrine of promissory estoppel.

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The process of creating, promoting, and presenting a product to meet wants and needs of consumers is called ___________. Group of answer choices marketing selling distributing retailing

Answers

Advertising is the correct answer

A certificate of deposit that changes the rate of interest based on the prevailing market interest rate is known as a: A Market rate CD B Step-up / Step-down CD C Negotiable CD D Renewable CD

Answers

Answer:

B. Step-up/Step-down CD

Explanation:

A bank certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account, wherein money (lump-sum) are left with the bank for a specific period of time in exchange for an interest rate premium.

Generally, a certificate of deposit pays a higher interest rate to its holder than the regular savings account because the banks invest the money in a business.

Additionally, the bank certificate of deposit is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000.

A Step-up/Step-down certificate of deposit (CD) is a type of CD that changes the rate of interest for a deposit based on the prevailing market interest rate.

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When Florida first became a part of the United States, it was a.. a government . b plantation. c state. d territory. Essays are written for ___________. friendshipinvitationsserious purpose In 2010, the Soufriere Hills volcano on the Caribbean island of Montserrat erupted violently, spewing huge clouds of ash and gases into the sky. How do the volcanic eruptions at the end of the Permian period and the formation of Pangaea, both of which occurred about 252 million years ago, set in motion events that altered evolutionary history what are the causes and effects of disasters in schools Liam puts 40$ in savings in March and 175% of this amount in savings in April. How much does Liam put in savings in April? In the earliest day of ancient Greece, all citizens voted on the laws in the city-state.This is known as ___ democracy. A) citizen B) direct C) legislative D) total PLEASE ANSWER QUICK ILL MARK BRAINLIESTDescribe the architecture of the Forbidden City? More Hits Company manufactures aluminum baseball bats that it sells to university athletic departments. It has developed the following per unit standard costs for 2019 for each baseball bat: Direct Materials Direct Labor Manufacturing Overhead Standard Quantity 2 Pounds (Aluminum) 1/2 hour 1/2 hour Standard Price $4.00 $10.00 $6.00 Unit Standard Cost $8.00 $5.00 $3.00 In 2019, the company planned to produce 120,000 baseball bats at a level of 60,000 hours of direct labor. Actual results for 2019 are presented below: 1. Direct materials purchases were 246,000 pounds of aluminum which cost $1,020,900. 2. Direct materials used were 220,000 pounds of aluminum. 3. Direct labor costs were $575,260 for 58,700 direct labor hours actually worked. 4. Total manufacturing overhead was $352,000. 5. Actual production was 114,000 baseball bats.Compute the following variances and identify whether the variance is favorable or unfavorable:1. Direct Materials Price 2. Direct Materials Quantity 3. Direct Labor Price 4. Direct Labor Quantity 5. Total Overhead Variances Prepare the journal entries to record the transactions and events in 2019. Isabella wants to gather competitive intelligence (CI) on toy manufacturers before she launches her toy company, which has developed remote-controlled dinosaurs. Her dinosaurs are designed for children over 6 years old. Isabella plans to check some noncomputer sources. She could use all of the following sources EXCEPT _______.a. Ci consultants b. industry experts c. suppliers d. scanner research The spinner shown has congruent sections. The spinner is spun 63 times. What is a reasonable prediction for the number of times the spinner will land on a section that is shaded red? True or Falsehumans can survive longer without food than they can without water Help me PLEASEEEEEEEEEEEEE The Black Shirts were the followers of which WWII dictator? BRAINLIEST AND 50 POINTS!If y varies inversely with x, and y=3 when x=16, find y when x=4 32 pts (Help Ive been desperately waiting for a hour plz answer) What are the units of Specific Heat?A. temperatureB. densityC. massD. energy Which of these physical structures in animals is similar to the physical structure in plants that produces the seeds and fruits?Exoskeleton Scales Ovaries Skin Find the mean of this data set: 2, 5, 5 f an asset was purchased on January 1, Year 1, for $140,000 with an estimated life of 5 years, what is the accumulated depreciation at December 31, Year 4 Try to shorten the long string and talk once again with one of your family members, how did the length of the string affect the quality of the sound produced? Read the excerpt from the article Amazing Plants:There are a surprising number of plants that are carnivorous, or feed on meat. One of the most well-known carnivorous plants is the Venus flytrap. This carnivore lives in warm, swampy areas where it feeds on flies and any other insect unfortunate enough to land on one of its round, spiky leaves. The leaves are motion-sensitive, and the slightest touch causes a leaf to snap shut, trapping the prey behind a prison of spikes.Pitcher plants are another quiet carnivore. The plants are long, pitcher-like tube shapes, with wide bottoms full of water to catch and digest their prey. Pitcher plants use different strategies to attract prey. Some give off sweet smells, while others produce nectar. Pitchers have been known to consume anything from insects to small lizards and rodents.Read the article Trapped by a Predator:When I was 12, I went on vacation to the Wilmington, North Carolina area. While there, my family and I went on a hike in the Croatan National Forest, a true coastal forest that is bordered on three sides by water. As I traversed the boardwalk, I caught a glimpse of something pink in my peripheral vision. I stopped and bent down to inspect the mysterious looking specimen. It had long, sharp-looking white teeth and a large, pink mouth. Upon closer inspection, I noticed little droplets of liquid around the rim. Inside its mouth, there were six tiny hairs, three on the top and three on the bottom. While I was examining the unknown object, I saw a fly zoom in and land inside the mouth. I observed as it wandered around the reddish-pink, fleshy surface and brushed against one of the hairs. What happened next seemed like something out of a horror story. All of a sudden, the mouth snapped shut, and the teeth made a prison, trapping the poor fly inside. I witnessed the fly fighting against the spiky teeth, trying to escape, but it was an unsuccessful struggle. When my mother caught up to me on the path, I showed her the slayer, and she explained that the fly eater was the plant called a Venus flytrap. In that moment, I wanted to learn more about this carnivorous flora.I became a botanist because of that first encounter with the predatory plant. Over the years, I learned so much more about the Dionaea muscipula, better known as the Venus flytrap. For example, the liquid around the rim of its "mouth" is actually a sweet nectar that lures prey. In addition, the six tiny hairs, called trichomes, are like little sensory time bombs. This means when an insect touches a trichome, a timer is set for 20 seconds. If there is a second touch within the 20-second period, the mouth clamps down and traps the prey. The third movement signals the plant's digestive juices to start breaking down the insect. In about ten days, the Venus flytrap reopens and any part of the insect that didn't get digested falls out. It is an amazing process!Because of my experience in North Carolina all those years ago, I decided to become a botanist and specialize in carnivorous plants. 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