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timofeeve [1]
3 years ago
10

The Food and Drug Administration (FDA) announced yesterday that they would approve a new cancer-fighting drug from Pharma Compan

y. You observe that the shares of Pharma Company had an abnormal return of 0% yesterday. This suggests that
Business
1 answer:
Julli [10]3 years ago
5 0

Answer:

the approval was already anticipated by the market

Explanation:

This abnormal return of 0% suggests that the approval was already anticipated by the market. Meaning that the price of the Pharma company's stock had already been affected by the speculation previously and when the FDA made the announcement investors had already made their move in the market with regards to Pharma's stock. Thus causing no further move and a return of 0% to occur.

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The Grow Your Garden seed company recently conducted a situation analysis. It decided on its marketing goals too. What is its ne
zhannawk [14.2K]

Answer:

To plan effective strategies and specific tactics to accomplish the strategic objectives

Explanation:

Since the company has conducted situational analysis and chosen its marketing goals the next logical step is to plan effective strategies and specific tactics to accomplish the strategic objectives. Both situational analysis and marketing goals are needed in order to understand who to target and what to aim for. Once a company has this, they need to plan a course of action in order to accomplish those goals as effectively as possible.

3 0
2 years ago
Lomani Ltd acquired two new machines for cash on 1 January 2017. The cost of machine A was $400 000, plus GST, and of machine B,
cricket20 [7]

Answer:

2017

Machine A (Dr.) $400,000

Machine B (Dr.) $600,000

Cash (Cr.) $1,000,000

2018

Depreciation Expense (Dr.) $93,000

Accumulated Depreciation (Cr.) $93,000

2019

Depreciation Expense (Dr.) $93,000

Accumulated Depreciation (Cr.) $186,000

2020

Depreciation Expense (Dr.) $93,000

Accumulated Depreciation (Cr.) $279,000

2021

Machine C  (Dr.) $420,000

Machine A (Cr.) $200,000

Cash (Cr.) $220,000

(To record trade in of machine A)

Repairs expense Machine B (Dr.) $66,000

Cash (Cr.) $66,000

(To record repairs of machine B)

2022

Depreciation Expense (Dr.) $79,450

Accumulated Depreciation (Cr.) $358,450

2023

Cash (Dr.) $300,000

Machine B (Cr.) $284,550

Gain on selling (Cr.) $15,450

Explanation:

Straight line depreciation recognize an assets carrying amount evenly over its useful life.

Straight line Depreciation = (Cost - Estimated Residual Value) / useful life

Depreciation expense for Machine A:

($400,000 - $20,000) / 10 years

= $38,000

Depreciation expense for Machine B:

($600,000 - $50,000) / 10 years

= $55,000

Depreciation expense for Machine C:

($420,000 - $20,000) / 8 years

= $50,000

Revised Depreciation of Machine B:

($314,000 -  $19,500) / 10 years

= $29,450

6 0
3 years ago
Assume that you have already completed a 5-year international assignment working for KPMG as a Tax Consultant in Singapore.
horrorfan [7]

From the information, it can be inferred that it's an indication of the uncertainty that exists in the Vietnamese cultural model.

From the complete information, Vietnam has low points in the avoidance index. This implies that they're less associated with their cultural roots and don't have concern for hiring white people.

Some of the solutions that can be applied for training the workers include providing them with ethical and language-based training and also encourage a team culture.

Learn more about model on:

brainly.com/question/25993624

6 0
2 years ago
Jenny Enterprises has just entered a lease agreement for a new manufacturing facility. Under the terms of the agreement, the com
LiRa [457]

Answer:

$1,107,793.41

Explanation:

The value of the payment today can be ascertained using the present value of an annuity due formula since the first payment is immediate as shown thus:

PV=monthly payment*(1-(1+r)^-n/r*(1+r)

monthly payment=$12,500

r=monthly interest rate=6.48%/12=0.0054

n=number of monthly payments in 10 year=10*12=120

PV=$12,500*(1-(1+0.0054)^-120/0.0054*(1+0.0054)

PV=$12,500*(1-(1.0054)^-120/0.0054*(1.0054)

PV=$12,500*(1-0.524003627 )/0.0054*1.0054

PV=$12,500*0.475996373 /0.0054*1.0054

PV=$1,107,793.41

6 0
2 years ago
Which stage of economic development is a time of change from the traditional way of doings things in a society to moving toward
lesantik [10]

Answer:

takeoff

Explanation:

Takeoff is a stage marked by rapid economic growth based upon a few key economic industries or sectors, such as steel, railroads, textiles, and food production. Drive to maturity is a stage where the economy continues to grow and to diversify from the handful of industries that drove growth in the previous stage.

6 0
2 years ago
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