Drugs inc recently received approval from the food and drug, Ask an Expert

Economics

Drugs, Inc. recently received approval from the Food and Drug Administration for its new supplemental drug application for a 300-milligram tablet of an antiplatelet treatment. The company invested $170 thousand in the research and development fund for this drug application 7 years ago. What is the present worth of the investment now, if the company achieves a rate of return of 2% per year?

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91273692

Have any Question?Write your Review or question?

Related Questions in Business Economics

What is the role of local government leadership in assuring

What is the role of local government leadership in assuring that departments and divisions work together to achieve municipal goals and objectives?

Arrows theorem that states there is no true fair method for

Arrow's Theorem that states there is no true fair method for voting. Do you agree or disagree with this statement? Why?

A survey of 455 citizens found 304 of them favor a new bill

A survey of 455 citizens found 304 of them favor a new bill introduced to the city. We want to find a 95% confidence interval for the true proportion of the population who will favor the bill. What is the lower limit of ...

Question 1 the toronto blue jays raises ticket prices from

Question 1: The Toronto Blue Jays raises ticket prices from $100 to $120 per seat and experience a decline in ticket sales from 12000 to 10000 per game. i) What is the elasticity of demand for tickets? ii) Assuming the m ...

Can you someone help me highlight the mistakes andor

Can you someone help me highlight the mistakes and/or half-truths in each of the following statements. a. If one looks at the budget incidence the poor in South Africa benefit most from the budget of government. b. Expen ...

Suppose the demand schedule in a market can be represented

Suppose the demand schedule in a market can be represented by the equation QD = 500 -10P, where QD is the quantity demanded and P is the price. . Also, suppose the supply schedule can be represented by the equation QS = ...

Scores on a new version of the miller analogies test mat

Scores on a new version of the Miller Analogies test (MAT) taken during college students' senior year are correlated with their grades in graduate school two years later. The MAT correlated with GPA is .49. Which one is ...

Wanda is going to silver dipper ice cream shop to get a

Wanda is going to Silver Dipper Ice Cream Shop to get a treat. She has 12 flavors of ice cream to choose from. There are 6 different types of toppings, and she may get her ice cream in a bowl, a regular cone, or a waffle ...

Suppose that you have 5000 and you are contemplating the

Suppose that you have $5000 and you are contemplating the purchase of two investments, IBM and Walgreen's. One year from now, IBM can be sold at $ X per dollar invested, and Walgreen's can be sold for $ Y per dollar inve ...

You sell bicycle theft insurance if bicycle owners do not

You sell bicycle theft insurance. If bicycle owners do not know whether they are high- or low-risk consumers, is there an adverse selection problem?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert