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Arada [10]
3 years ago
12

Morgan Pharmaceutical spends $50,000 this year in research and development for a new drug to cure liver damage. By the end of th

e year, management feels confident that the new drug will gain FDA approval and lead to higher future sales. What impact will the $50,000 spending have on this year's financial statements?
Business
1 answer:
kenny6666 [7]3 years ago
3 0

Answer:

The impact of spending $50,000 on the research and development for a new drug to to cure liver damage will increase the expenses of the Morgan Pharmaceutical in the years financial statements.

Explanation:

Morgan pharmaceutical is pending $50,000 on he research and development of new drug which can cure the liver damage, from this spending company is expecting that after they have successfully created new drug it will lead to the increase in sales , which will ultimately lead to increase in profits , which then would totally recover the initial cost incurred on research and development but until then these expenses would be shown in the current years financial statement as expenses, and thus would increase the total expenses of the company.

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because he needs to see.

Explanation:

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3 0
2 years ago
The Cook Corporation has two divisions--East and West. The divisions have the following revenues and expenses: East West Sales $
jekas [21]

Answer:

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Explanation:

5 0
3 years ago
_____________ include all of the groups and/or individuals affected by a decision, policy, or operation of a firm or individual.
jeka57 [31]

Answer:

<u>Business ethics.</u>

Explanation:

Business ethics is the set of ethical and moral principles that exist in an organization to regulate its activities, actions and decisions that occur in the organization. The set of ethical values ​​is directly determined by the organizational culture, and should be shared with all employees and organizational levels, as it is the business conduct of the company.

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7 0
2 years ago
Southwest U's campus book store sells course packs for $14 each. The variable cost per pack is $12, and at current annual sales
Mumz [18]

Answer:

$23,000

Explanation:

current annual sales = 49,000 packs

Selling price of course packs = $14 each

variable cost per pack = $12

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Contribution:

= current annual sales × (Selling price of course packs - variable cost per pack)

= 49,000 packs × ($14 - $12)

= 49,000 packs × $2

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= Contribution - Earnings

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4 0
3 years ago
Which of the following statements is true of copyright? There are different copyright rules for pre and post 1978 works. Congres
Lera25 [3.4K]

Answer:

Correct option is (a), Different copyright rules for pre and post 1978 works

Explanation:

Copyright is a right given exclusively a person who has created a new work and reproduce it for a stipulated time. It is granted for a stipulated time period.

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So copyright rules differ for works published pre and post 1978.

8 0
3 years ago
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