It costs about $25 million and takes an average of 3 years to develop one new drug and clear all FDA rules before marketing the product
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
Share and Care International is trying to determine how many clients must be serviced in order to cover its monthly service overhead. Using the high-low method, it has determined that the variable cost per client is $800 and that the monthly fixed overhead is $28,000. Assuming an average fee of $1,400 per client and a targeted profit of $26,000, the number of clients to be serviced is
A) 80 clients. B) 120 clients. C) 47 clients. D) 90 clients.
Brorsen, Inc, has just designed a new product with a target cost of $64. Brorsen requires new product to have a profit of 20%. What is the target price for the new product?
A) $64 B) $12.80 C) $320 D) $80 E) $53
Identify and explain the different Incoterms.
What will be an ideal response?
When taxes are deducted from employees' earnings up to the same amount of taxes they would pay had they remained in their home country, it is known as
A. tax protection. B. expat tax. C. tax equalization. D. compensatory tax.