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podryga [215]
3 years ago
6

On average, it can cost _____________________ and take _____________________ to discover a new drug, perform the necessary safet

y tests, and bring the drug to market.
Business
1 answer:
tatuchka [14]3 years ago
6 0

Answer:

$800 million; more than a decade

Explanation:

If a pharmaceutical firm decides to develop a new drug. On average, it can cost $800 million and take more than a decade to discover a new drug, perform the necessary safety tests, and bring the drug to market.

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In July, Lane Co. sells merchandise to Avery Co. on account. In August, Avery pays the balance in full. The entry that Lane will
grandymaker [24]

The entry that Lane will make to record the receipt of cash will include a credit to the: a. Accounts Receivable.

<h3>What is Accounts Receivable?</h3>

Accounts Receivable can be defined as the amount a company is expected to receive from their clients or customers for the goods and service they rendered to their clients.

Based on the information given the appropriate journal entry to record the transactions is:

Debit Cash

Credit Account receivable

(To record the receipt of cash)

Inconclusion the entry that Lane will make to record the receipt of cash will include a credit to the: a. Accounts Receivable.

Learn more about account receivable here:brainly.com/question/24848903

7 0
2 years ago
Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its
ololo11 [35]

Answer:

Allocated MOH= $165,240

Explanation:

Giving the following information:

Estimated manufacturing overhead $157,750

Estimated machine-hours 4,640

Actual manufacturing overhead $157,400

Actual machine-hours 4,860

First, we need to calculate the predetermined manufacturing overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 157,750/4,640= $34 per machine hour

Now, we can calculate the allocated overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 34*4,860= $165,240

5 0
3 years ago
Read 2 more answers
On January 1, 2021, Ravetch Corporation’s projected benefit obligation was $51 million. During 2021, pension benefits paid by th
nevsk [136]

Answer:

$67.1 million

Explanation:

Given that,

Projected benefit obligation at the beginning of 2021 = $51 million

Service cost = $18 million

Retiree benefits  = $7 million

Projected benefit obligation at December 31, 2021:

= Beginning of 2021 + Service cost + Interest cost - Retiree benefits

= $51 million + $18 million + (10% × $51 million) - $7 million

= $51 million + $18 million + $5.1 million - $7 million

= $67.1 million

3 0
3 years ago
If you ignore a margin call, your broker:
MArishka [77]

Answer:

The correct answer is letter "D": may sell some of your securities to repay the margin loan.

Explanation:

A Margin Call is issued when the equity in a margin account falls below a certain level. In the U.S. this level is set by the Federal Reserve (Fed) Board "Regulation T". Many brokers have their margin requirements known as "house requirements" usually with maintenance levels of 30 to 40%.

When a margin account falls below the margin limit and the trader ignores this, the broker can sell some of the securities of the trader to cover the margin losses.

6 0
3 years ago
In the securitization​ process, A. security investors make loans to​ banks, who in turn make loans to households. B. banks grant
MaRussiya [10]

Answer:

Option "B" is the correct answer to the following question.

Explanation:

Under securitization, financial assets are collected through various means, the assets collected are sold as securities to investors or parties at a fixed interest rate. The process of converting loans into securities by banks is called securitization.

In the process of lending to homes, banks coverts the loans to securities and sell them to investors.

7 0
3 years ago
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