6. A driver needs more time to cross an intersection than he does to turn

Q2. Why is the biotech industry a global industry?

CaHeK987 [17]

I can help with question two, but not question three.
The answer to question two is that biotech companies are part of the global industry from day one. Because capital is global, diseases know no borders, people are mobile, and you can get science anywhere in the world, there is an immediate competition with all other bioscience companies in the world.
In other words, when you start a biotech company in the US, you are immediately competing with biotech companies in Japan, the UK, etc. because you're all competing for the same capital, the same consumers, the same pharmacies, etc.
My best guess for question three is just that regulations are always important for global businesses (or really any business in general) as they protect both the businesses, the employees, and the consumers. In the case of biotech businesses, they protect people from false advertising of the benefits of products for example.
Hope this helps!

6 0

3 years ago

Youngstown Corporation is considering changing its inventory method from FIFO to LIFO. Assume that inventory prices have been in

leva [86]

Youngstown Corporation is considering changing its inventory method from FIFO to LIFO. Assume that inventory prices have been increasing. All else equal, it impact would we expect the change to have on the following ratios net profit margin fixed asset turnover ratio, current ratio, and quick ratio is net profit margin.

The net profit margin or simply net margin, measures how much net income or profit is generated as a percentage of revenue. It is the ratio of net profits to revenues for a company or business segment. Net profit margin is typically expressed as a percentage but can also be represented in decimal form.

Traditionally known as a center of steel production, Youngstown has been forced to adapt after the steel industry in the United States fell into decline in the 1970s, leaving communities throughout the region without any major industry. There has been a decline in population of more than 60% since 1959.

Learn more about net profit margin here

brainly.com/question/22024991

#SPJ4

4 0

2 years ago

Suppose a dairy distributor, experiencing approximately constant demand for each sku, ships an average of 200 pallets per day. I

horsena [70]

Answer:

It will take Average of 5 days waiting time in the warehouse.

Explanation:

Inventory per day = 200 pallets

Total occupies pallets = 1,000 pallets

Use following formula to calculate average waiting time in the warehouse

Average wait time spent in warehouse = 1,000 / 200 pallets per day

Average wait time spent in warehouse = 5 days

It will take Average of 5 days waiting time in the warehouse.

3 0

3 years ago

Tamarisk, Inc. sells merchandise on account for $2500 to Culver Company with credit terms of 2/15, n/30. Culver Company returns

denis23 [38]

Answer:

$2,254

Explanation:

The computation of the amount of the check is shown below:

= Sale value of merchandise - returned goods - discount amount

where,

Sale value of merchandise is $2,500

Returned goods is $200

And, the discount is 2% of $2,300 = $46

So, the amount of the check is

= $2,500 - $200 - $46

= $2,254

We simply applied the above formula so that the correct amount could come

7 0

3 years ago

Suppose the transfers of pillars to the Lantern Division cut into sales to outside customers by 14,000 units. Further suppose th

Sloan [31]

Complete question:

The Pillar Division of the Gothic Building Company produces basic pillars which can be sold to outside customers or sold to the Lantern Division of the Gothic Company. Last year, the Lantern Division bought all of its 25,000 pillars from Pillar at $2.00 each. The following data are available for last year's activities of the Pillar Division:

Capacity in units 320,000 pillars

Selling price per pillar to outside customers $2.05

Variable costs per pillar $1.20

Fixed costs, total $155,000

The total fixed costs would be the same for all the alternatives considered below.

Suppose the transfers of pillars to the Lantern Division cut into sales to outside customers by 20,000 units. Further suppose that an outside supplier is willing to provide the Lantern Division with basic pillars at $1.92 each. If the Lantern Division had chosen to buy all of its pillars from the outside supplier instead of the Pillar Division, the change in net operating income for the company as a whole would have been:

$2,000 decrease.

$14,000 increase.

$1,000 decrease.

$18,000 decrease.

I tried my best to find the question but was unable to find the exact question, instead I found a symmetry question and its solution is as under:

Answer:

Option D. $18,000 decrease

Explanation:

The decrease in the net operating income that would occur due to purchase of all of the pillars from the outside supplier would cost the additional cost to the company which is opportunity cost per pillar and is calculated by using the following formula:

Opportunity Cost = Variable Cost - Purchasing Cost

Here, the variable cost to manufacture the pillar within the factory is $1.2 per pillar whereas the purchasing cost of pillars from outside supplier is $1.92 per pillar.

By putting values, we have:

Opportunity Cost = $1.2 - $1.92 = $0.72

Now for purchasing 25,000 units from the supplier, the total opportunity cost would be:

Total Opportunity Cost = $0.72 * 25,000 Units Purchased from Outside Supplier = - $18,000

The minus sign shows the decrease in the net operating income.

6 0

3 years ago