Questions
Aspartame is a low-calorie, high-intensity sweetener. It was discovered (by accident) by a research scientist at...

Aspartame is a low-calorie, high-intensity sweetener. It was discovered (by accident) by a research scientist at G.D. Searle & Co. who was working on an anti-ulcer drug. Use of aspartame in soft drinks was approved by the US Food and Drug Administration in 1983. Searle extended the original patent to 1987 in Europe and 1992 in the US. In 1985, Monsanto acquired Searle, including the aspartame patent, and began selling the soft- drink version under the brand name “Nutrasweet.” The product had an enormous market as the sweetener in Diet Coke and Diet Pepsi, in Europe, Asia, and especially the US (approximately 10 times the size of the European market). In 1986, Holland Sweetener Company (HSC) began building an aspartame plant in anticipation of the patent’s expiration. Analysts estimated that HSC’s capacity was about 5% of the world market. When HSC began selling its own version of aspartame in Europe, Monsanto dropped the price of Nutrasweet from $70 to $22-30 per pound. Since HSC had higher costs (production has a steep learning curve), HSC lost money at the new price and Monsanto had substantially lower profits in Europe. When the US patent expired, Coke and Pepsi signed long-term contracts with Monsanto.

(a) Would you expect a sharp drop in price after a patent expires?
(b) Who benefited from HSC’s entry?
(c) Why do you think Monsanto triggered a price war in Europe? Do you think this was a good strategy?

In: Economics

Adina, age 32, is a married architect with one child. Her salary has reached a plateau...

Adina, age 32, is a married architect with one child. Her salary has reached a plateau at $85,000 a year. She believes that if she pursues an MBA degree full-time, she would move into a managerial position and her salary would rise by $60,000 a year. Adina wants to maintain her current lifestyle, which already generates substantial yearly cash savings and accumulate the capital to leave to her son. Her MBA course would take two years to complete and cost $52,000 a year. Because she plans to pay for the MBA out of existing savings and would be spending the money to qualify for a new position, she would not be eligible for any tax benefits. Assume that Adina pays one-third of her salary in taxes and her tax bracket will remain unchanged after the raise, that she can earn 6 percent after taxes on investments with a similar risk to her job, and that she plans to retire at age 65. Furthermore, assume that all salary and schooling payments are made in a lump sum at the beginning of each year. What is her rate of return on this investment? Should she pursue an MBA? If so, what will be the value of her human capital, assuming a calculation that incorporates salary forgone and her extra salary from obtaining her MBA upon graduation?

In: Finance

a. The Australian dollar against the US dollar (and against other major currencies) has appreciated in...

a. The Australian dollar against the US dollar (and against other major currencies) has appreciated in recent months (mid-March 2020 to early June 2020). Identify the underlying drivers and the implications of this rising exchange rate in Australia.

In: Economics

One study reports that 27 ​% of newly hired MBAs are confronted with unethical business practices...

One study reports that 27 ​% of newly hired MBAs are confronted with unethical business practices during their first year of employment. One business school dean wondered if her MBA graduates had similar experiences. She surveyed recent graduates from her​ school's MBA program to find that 24 ​% of the 115 graduates from the previous year claim to have encountered unethical business practices in the workplace What is the value of the test​ statistic? A. The assumptions and conditions are not​ met, so the test cannot proceed. B. The test statistic is nothing . ​(Round to two decimal places as​ needed.)

In: Statistics and Probability

list the advantages and disadvantages of each of the following job interviewing methods : 1.One-to-one interview...

list the advantages and disadvantages of each of the following job interviewing methods :

1.One-to-one interview

2. sequential interview

3. Panel interview

4. Mass interview

5. Telephone interview

6. Computer-based  interview

7. Online video interview

In: Operations Management

You are the CEO of a major US equipment manufacturer that sells its industrial construction equipment...

You are the CEO of a major US equipment manufacturer that sells its industrial construction equipment worldwide. You have seen shrinking profits in the past 5 years due to competition from Chinese equipment manufacturers and your Board of Directors and shareholders are looking to you for profit improvement. You have been approached by the Mexican government to open a factory in Juarez (just across the border from El Paso, Texas) and the Mexican government will subsidize the facility construction if you can create 200 new jobs. Opening this facility in Mexico will mean a reduction of union workers in the US plant, but will save the company $20 million a year in labor costs. On the other hand, the US government is considering a Border Adjustment Tax on parts you produce in Mexico and bring back to the US plant for final assembly. The total costs of this Tax is unknown but it could be up to 40% of the value of items produced in the new Mexican facility.

On top of this, you are looking to expand your global sales presence into third world regions such as Central Africa, South East Asia, Central America and other regions that need construction equipment to expand their infrastructure and improve their local economies. Your Global Sales and Marketing teams have advised that Chinese manufacturers are also targeting these same regions. This same team also advises that the market potential in these regions could expand sales by 50% and profits by 15% over the next 3 years.

Keeping in mind that it is the fiduciary responsibility of all leaders of for-profit corporations to maximize shareholder value, start a thread that begins with your decision to open, or not to open, a facility in Mexico and explain, in detail, your reasoning.

In: Economics

Who is the founder of Turkey?

Give informaiton about the founder of Turkey. When he was born and when he was die?

In: History

1.On January 1, 2020, KJ Inc. acquired an equipment for P2,400,000 with residual value of P400,000...

1.On January 1, 2020, KJ Inc. acquired an equipment for P2,400,000 with residual value of P400,000 and useful life of 8 years. On December 31, 2023, due to hyperinflation, KJ Inc. tested for impairment the equipment. As of this date, the fair value of the equipment is P1,500,000 and the related disposal cost is P300,000 while the value in use of the equipment is P1,350,000. On December 31, 2024, the fair value of the equipment is P1,700,000 and the related disposal cost is P400,000 while the value in use of the equipment is P1,500,000. Using the same data, what is the gain on reversal of impairment loss to be recognized in year 2024? *

P387,500

P187,500

P37,500

P50,000

2.On January 1, 2020, KJ Inc. acquired an equipment for P2,400,000 with residual value of P400,000 and useful life of 8 years. On December 31, 2023, due to hyperinflation, KJ Inc. tested for impairment the equipment. As of this date, the fair value of the equipment is P1,500,000 and the related disposal cost is P300,000 while the value in use of the equipment is P1,350,000. On December 31, 2024, the fair value of the equipment is P1,700,000 and the related disposal cost is P400,000 while the value in use of the equipment is P1,500,000. What is the carrying amount to be presented on the equipment as of December 31, 2024? *

P1,112,500

P1,150,000

P1,500,000

P1,300,000

3.KJ Company had a machinery costing P3,000,000 when purchased on January 2, 2015. Estimated useful life of the asset was for 20 years with no salvage value at the end of its useful life. KJ uses the straight line method of Depreciation. On January 2, 2020, KJ is evaluating the machinery for possible impairment. The machinery has a remaining useful life of 5 years and is expected to generate cash inflows of P500,000 per year. KJ has determined that the rate implicit in current market transaction for similar asset is 10%. Available information as of January 2, 2020 also showed that the appropriate market price for the same asset is P1,950,000. Estimated cost of disposal, P150,000.What amount of Impairment loss, if any, is to be recognized? *

300,000

450,000

355,000

0

4.On January 1, 2015, KJ Company purchased a new building at a cost of P3,000,000. Depreciation was computed on the straight line basis at 4% per year. On January 1, 2020, the building was revalued at a fair value of P4,000,000. To record the revaluation the following journal entry was made: Dr. Building 1,000,000 Cr. Retained Earnings 1,000,000 Correcting entry will include which of the following? *

Credit Retained Earnings at 600,000

Credit Revaluation Surplus of P1,000,000

Debit Building of P2,000,000

Credit Accumulated Depreciation of 400,000

5.On January 1, 2015, KJ Company purchased a new building at a cost of P3,000,000. Depreciation was computed on the straight line basis at 4% per year. On January 1, 2020, the building was revalued at a fair value of P4,000,000. To record the revaluation the following journal entry was made: Dr. Building 1,000,000 Cr. Retained Earnings 1,000,000 What is the Accumulated Depreciation on Replacement Cost on January 1, 2020? *

400,000

600,000

1,000,000

1,600,000

6.KJ Company determined that, due to the obsolescence, equipment with an original cost of P180,000 and accumulated depreciation at January 1, 2020 of P84,000 had suffered permanent impairment, and as a result should have a fair value of only P60,000 as of the beginning of the year. Additionally, the remaining useful life of the equipment was reduced from eight years to three years. In its December 31, 2020 Income statement, how much should be reflected as Depreciation? *

104,000

20,000

140,000

120,000

In: Accounting

create a questionaire that can be used to compile a report for the assignment below "The...

create a questionaire that can be used to compile a report for the assignment below

"The students are expected to visit any company of

their choice and find out how they do their

maintenance budget. Conduct interviews with va

rious levels of personnel. The student is

expected to present a typed three- pages report

(detailed report) toget

her with the completed

interview question with responses from

the company maintenance personnel.

Company maintenance budget must be attached to

the report. Proof of

authenticity must

accompany the material; a lette

r from the person/s interviewe

d or consulted will suffice".

In: Mechanical Engineering

John is a university student in L.A. He is going home to Boston for the summer...

John is a university student in L.A. He is going home to Boston for the summer and has started looking for a summer internship. After a couple of months of searching, he finds an amazing internship with a small, local company in his hometown. His interview goes really well, and he is offered the internship. As he is reading through the internship offer, he discovers that the company hires interns for a strict minimum of 6 months. What should John do? Should he take the job that he is clearly qualified for and then quit in 3 months to go back to school? Or should he be honest and turn down the position because he would not be able to be there for the full 6 months? Explain your answer.

¾-1 page single spaced, using Times New Roman 12 pt font (350-500 words)

You can make realistic and logical assumptions, but cannot add or create details.

Use your own words - do not copy large parts of the question.

Make sure to use appropriate grammar to clearly express your ideas.

In: Accounting