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Question: Pricing, Ethics, and the Law Great Lakes Pharmaceuticals, Inc. (GLPI), produces both prescription and over-the-counter medications. In January, GLPI introduced a new prescription drug, Capestan, to relieve the pain of arthritis. The company spent more than $50 million over the last 5 years developing the drug, and advertising alone during the first year of introduction will exceed $10 million. Production cost for a bottle of 100 tablets is approximately $12. Sales in the first 3 years are predicted to be 500,000, 750,000, and 1,000,000 bottles, respectively. To achieve these sales, GLPI plans to distribute the medicine through three sources: directly to physicians, through hospital pharmacies, and through retail pharmacies. Initially, the bottles will be given free to physicians to give to patients, hospital pharmacies will pay $25 per bottle, and retail pharmacies will pay $40 per bottle. In the second and third year, the company plans to phase out the free distributions to physicians and move all other customers toward a $50-perbottle sales price. Comment on the pricing and promotion policies of GLPI. Pay particular attention to the legal and ethical issues involved.
Northwest Equipment offers a 3% discount to customers who pay cash at the time of sale and a 2% discount to customers who pay within the first 10 days of the month after sale. Compute the total cash budgeted to be collected in March if sales forecast..
Identify key features of and use screen shots (or demos) to discuss these features. Discuss the system requirements in terms of users training and requirements, ICT support, implementation timeframe, maintenance and costing requirements
The material price variance was 1370 favorable and find the standard price per kilogram for raw material?
Bramble Tar and Gravel Ltd. operates a road construction business. Calculate the deferred tax asset or liability balances at December 31, 2017
Logan corporation issue $800,000 of 8% bonds on October 1, 2006, due on October 1, 2011. The interest is to be paid twice a year on April 1 and October 1. The bonds were sold to yield 10% effective annual interest. Logan Corporation closes its boo..
1 yankton company began the year without an investment portfolio. during the year they purchased investments classified
Journalize the May transaction for Nemo Company (seller) assuming that Nemo uses a perpetual inventory system.
Work is from the Valley Publishing book: A Comprehensive Audit Case
assume that the 400000 in manufacturing overhead was driven by the following activities.how much of the 400000 in
a. Total assets of Charter Company equal $700,000 and its equity is $420,000. What is the amount of its liabilities?
Taxable Income Last Current Parent ($16,000) $20,000 Subsidiary 10,000 (21,000) How much of the Subsidiary loss can be carried back to last year
Sally Kist owns Linen Kist Fabrics. Sally asks you to explain how she should treat the reconciling items when reconciling the company"s bank account
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