Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Assume that Pfizer, a large research-based pharmaceutical company, enters into a contract with a start-up biotechnology company called HealthPro and promises to:
1. Grant HealthPro the exclusive rights to use Pfizer's Technology A for the life of its patent. The license gives HealthPro the exclusive right to market, distribute, and manufacture Drug B as developed using Technology A. Pfizer views the patent as functional intellectual property.
2. Assign four full-time equivalent employees to perform research and development services for HealthPro in a specifically designated Pfizer lab facility. The primary objectives of these services is to receive regulatory approval to market and distribute Drug B using Technology A
3. HealthPro is required to use Pfizer's lab to perform the research and development services necessary to develop Drug B using Technology A, because the expertise related to Technology is propriety to Pfizer and not available anywhere else.
Required -
1. What parts of this contract are separate performance obligations?
2. Explain your reasoning for each obligation.
colby hepworth has just invested 400000 in a book and video store. she expects to recieve a cash income of 120000 per
Show how double taxation on a taxpayer may result if all countries were to tax the worldwide income of their residents and the income earned within their territorial boundaries.
If Cash is $2,345 in 20X2 and $3,671 in 20X1, what is the percentage of increase or (decrease) from 20X1 to 20X2? If current assets were $100,000 in 20x7 and $88,000 in 20x8, what was amount of increase or decrease?
Compute the gross amount of accounts receivable at the end of the month (after appropriate write-off of uncollectible accounts).
The accounting system at Fancy Pty Ltd did not operate effectively during the first year of operations. Describe the components of the Audit Risk Model
Management accounting information should be relevant, reliable , comparable and understandable. Assess the importance of materiality in connection with these four characteristics and analyse the implications for presenting managerial accounting in..
Prepare a three-month cash budget, including a schedule for cash collections and material payments
Shareholders of a limited liability company have a limited risk. How could the company's creditors recover the debts if the company is going to be closed down?
What is the purpose of pro forma and what are the consequences for the business of not using pro forma statements?evaluate the feasibility of a venture
Is there is any special item reported in current and previous year of income statement? If yes explain in detail to which category, it belongs?
stine company uses a job order cost system. on may 1 the company has a balance in work in process inventory of 3750 and
rodman corporations fiscal year ends on november 30. the following accounts are found in its job order cost accounting
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd