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!
Answer:
Explanation:
Present value of Annuity will be used for this as the future payments are given after equal intervals.
PV of an Annuity = C x [ (1 – (1+i)^-n) / i ]
Where,
C is the cash flow per period
i is the rate of interest
n is the frequency of payments
add given Values in the formula:
$1,000 x [ (1 – (1+4%)^-12) / 0.04 ]= $9387.5 is the Answer
Answer:
$90,000
Explanation:
It is given that :
The pretax accounting income of Bryce Corporation 100,000
The interest on the municipal bonds - 7,000
The depreciation - 5,000
The difference in bad debt expense (3000-1000) <u> +2,000</u>
So the total income of Bryce Corporation $ 90,000
Answer:
Her real income has decrease by $7,333.33
Explanation:
<em>Real income is the amount of goods and services that a give amount of quantity money can purchase. It is also known as the purchasing power of money. </em>
To determine if there has been a change in her real income, we will compare her real income 20 years ago to her real income 5 years later. This will be done as follows;
Step 1
Determine her real income 5 years after her last reunion
Real income in current year = (CPI in base year/CPI in current year ) × Nominal income
= (80/150)× 80,000
= $42,666.67
Step 2
Determine change in real income
Her real income has decrease by $7,333.33. This is difference between her real income 5 years ago and now. That is $50,000 - $42,666.67.
Tis implies she cannot purchase as much as she could 5 years ago because of inflation.
Answer:
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Explanation:
