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faltersainse [42]
3 years ago
8

Bio-Lab Pharmaceuticals carried on a project to develop a new drug that dramatically shortened the recovery period for flu infec

tion. The project cost the company $150,000 before Bio-Lab abandoned the project due to the slim possibility to gain FDA approval. Bio-Lab then spent $300,000 on another project developing a kind of shot that achieves the same goal for flu recovery, and the company is confident in gaining FDA approval for the new shot and in making profits out of the shot. What amount would be expensed
Business
1 answer:
Gala2k [10]3 years ago
4 0

Answer:

$450,000

Explanation:

Calculation for the amount that would be expensed

Using this formula

Amount to be expensed = Project cost before the project was abandoned + Amount spent on another project

Let plug in the formula

Amount to be expensed =$150,000+$300,000

Amount to be expensed =$450,000

Therefore the amount that would be expensed will be $450,000

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Why might an applicant for work in manufacturing tell a potential employer about the time he or she found a new way
Alexeev081 [22]

Answer:

to show problem-solving skills, to demonstrate team-building skills

Explanation:

Problem solving is the act of defining a problem; determining the cause of the problem; identifying, prioritizing, and selecting alternatives for a solution; and implementing a solution. using skills as team building among others.

Clearly a candidat for a manufcturing position will suggest this enhance to demonstrate how he can solve a distribution problem (boxing) while improving work environment and creating team building (cooks)

7 0
3 years ago
A portfolio is composed of two stocks, A and B. Stock A has a standard deviation of return of 35%, while stock B has a standard
Licemer1 [7]

Answer: the options are listed below.

A. 18.45%

B. 17.67%

C. 23%

D. 19.76%

The correct option is D. 19.76%.

Explanation:

σ2p = (0.402)(0.352) + (0.602)(0.15)2 + (2)(0.4)(0.6)(0.35)(0.15)(0.45)

σ2p = 0.039046

σp = 19.76%

5 0
4 years ago
The system that provides common industry definitions for Canada, Mexico, and the United States, which makes it easier to measure
julia-pushkina [17]

Answer:

North American Industry Classification System (NAICS)

Explanation:

North American Industry Classification System (NAICS): It is a system or standard code been used in classifying business by the type of economic activity. These data been used by government and business of United sates, Mexico and Canada. This system make the measurement of industrial, reseller, and government markets easier. NAICS provides common industry definitions for Canada, Mexico, and the United States, which makes it easier to measure economic activity in the three member countries of the North American Free Trade Agreement (NAFTA). NAIC has replaced standard industrial classification (SIC) system, which was in place for 50 years.

6 0
3 years ago
Carpenters​ Company, a manufacturing​ company, acquired equipment on January​ 1, 2017 for $ 500 comma 000. Estimated useful life
svlad2 [7]

Answer:

$46,571

Explanation:

The cost price is $500,000

The residual value  is $ 11,000

Useful life is 7years

The depreciable amount will be cost price -residual value

=$500,000 - $11,000

=$489,000

Depreciation expense per year on the straight-line method will be

=$489,000/7

=$69,857. 14

After three years, the total depreciable amount will be 69,857.14 x 3

=$209,571.42

New book value after three years will be 489,000 - 209,571.42

=$279,428.58.

Useful has been adjusted to nine years.  Three years have passed. Four years remain plus two added years meaning six years to go.

Depreciation from the 4th year will be

=279,428.58/6

=$46,571

8 0
4 years ago
Walker & Co. (Walker) signed a written contract to lease a large neon advertising sign to Herbert Harrison, who is in the dr
Colt1911 [192]

Answer:

I believe that Walter breached the contract because they failed to clean the sign, but I wouldn't consider it a material breach (this would be a non-material breach).

A material breach of a contract takes place when the breaching party does something (or fails to do something) that goes against the basic reason why the contract was signed. A material breach would be that Walter didn't provide the sign or that the sign never worked (didn't turn on). But in this case, the sign was a little bit dirty with little spider cobwebs appearing at its corners.

4 0
4 years ago
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