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lidiya [134]
3 years ago
12

Unicorn Medicines, a pharmaceutical company based in the United States, has its research and development units spread across the

globe. These research and development units have lately not been receiving adequate financial support. Which of the following is typically the cause for such a situation?
A. Technical innovation leads to lower market segmentation and slower product obsolescence.
B. Most innovative ideas do not become successful new products.
C. The product development cycle in the pharmaceutical industry is short.
D. The cost associated with pharmaceutical research and development is low.
Business
1 answer:
Anna71 [15]3 years ago
7 0

<u>Answer:</u>

Unicorn Medicines, a pharmaceutical company based in the United States, has its research and development units spread across the globe. These research and development units have lately not been receiving adequate financial support.

(B) Most innovative ideas do not become a successful new product.

This is typically the cause for such a situation.

<u>Explanation:</u>

Whatever that comes to your mind will not necessarily take shape in reality. Success comes to that person who had the perspective of success in their mind and bring their thoughts to reality. Similarly, if we want to build a product for that, the innovative ideas that come to our mind should be applied and from that, the final product achieved will become desirable.  

Nowadays most of the innovative ideas do not become a successful new product thats why the financial supporters are hesitating to invest in any kind of research and development. So that's the reason why the research and development units have lately not been receiving adequate financial supporters.

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Fitzgerald Oil and Gas incurred costs of $8.25 million for the acquisition and development of a natural gas deposit. The company
fiasKO [112]

Answer:

Depletion for Year 1: $1,925,000;

Depletion for Year 2: $2,200,000.

Explanation:

Please find the below for detailed explanation and calculation:

- First, calculate the depletion rate per cubic feet of natural gas extracted from the gas deposit:

+Depletion rate = Total cost of acquisition and development of the gas deposit/ total expected gas extraction from the deposit = 8,250,000/3,000,000 = $2.75 per cubic feet.

- Then, find the depletion for the year 1 and yer 2 given the actual extracted gas are given:

Depletion for year one = Depletion rate x actual gas extraction in year 1 = 2.75 x 700,000 = $1,925,000;

Depletion for year two = Depletion rate x actual gas extraction in year 2 = 2.75 x 800,000 = $2,200,000..

Hope you find the explanation helpful.

6 0
3 years ago
What is goodwill in a business sale and why is it amortized in the business financial statements
astra-53 [7]

Answer:

See below

Explanation:

Goodwill arises when is a business is acquired as a going concern. It is an intangible asset of a business. Goodwill represents the value of a company's customer base, its location, any patents, and the brand name. It consists of the value of suppliers, customers, and employee relationships that facilitates the smooth running of the business.

The value of goodwill is the difference between the purchase price and the net cost of its tangible and other intangible assets of a business. Amortization of goodwill means spreading the cost of goodwill to several financial years.

Goodwill is amortized because the business benefits from the goodwill for many years.  In other words, the expenditure on goodwill will profit the company in more than one financial year. As per the matching principle, expenses and incomes should be recognized in the period they occur. As benefits will be enjoyed in many years, the expenses should also be spread in similar years.

7 0
4 years ago
Lindsay's company plans to release a new version of its signature television set. This television will have more advanced featur
allsm [11]

Answer:

D. product modification.

Explanation:

This is an example of <u>Product Modification</u> <u>which refers to the improvement of the existing products by making necessary changes </u>in terms of features, quality, etc,.The purpose of the product modification is to maintain existing demand, attract new users and to face the competitors effectively to increase the profits of the enterprise also as here Lindsay's company plans to release a new version of its signature television set having advanced features, including better sound quality and high definition to maximize its profits and defeat the competitors.

7 0
3 years ago
Which of the following is usually true
Simora [160]

Answer:

A

Explanation:

3 0
3 years ago
You purchase lubricating oil in 55 gallon drums and consume and average of 484 drums per year. Preparing an order and receiving
vladimir1956 [14]

Answer:

EOQ =  ≅ 8

Explanation:

EOQ = √(2SD)/H

   S = ordering cost per order = $5.0

   H= Holding cost = $76

D= Annual Demand = 484 drums

EOQ = √(2 x 5 x 484 )/76

        = √63.68

        7.98

This implies that the optimal quantity that can be ordered for to minimize ordering and carrying cost is 8 drums per order.

5 0
4 years ago
Read 2 more answers
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