Merck & Co., Inc. is a global, research-driven pharmaceutical company that discovers, develops, manufactures, and markets a broad range of human and animal health products. The following are excerpts from the financial review section of the company’s annual report.
MERCK & CO., INC.
Financial Review Section (partial).
In the United States, the Company has been working with private and governmental employers to slow the increase of health care costs.
Outside of the United States, in difficult environments encumbered by government cost containment actions, the Company has worked with payers to help them allocate scarce resources to optimize health care outcomes, limiting potentially detrimental effects of government actions on sales growth.
Several products face expiration of product patents in the near term.
The Company, along with other pharmaceutical manufacturers, received a notice from the Federal Trade Commission (FTC) that it was conducting an investigation into pricing practices.
Required:
1. In light of the above excerpts from Merck's annual report, discuss some unique pricing issues faced by companies that operate in the pharmaceutical industry.
2. What are some reasons why the same company often sells identical drugs for dramatically different prices in different countries? How can the same drug used for both humans and animals cost significantly different prices?
3. Suppose that Merck has just developed a revolutionary new drug. Discuss the steps it would go through in setting a price. Include a discussion of the information it would need to gather, and the issues it would need to consider.

The various costs for Solomon Ski Company during the recent accounting period are determined as follows:

1. Cost per equivalent unit is $65.

2. Cost of finished goods transferred out from the finishing department is $269,750.

3. Cost of the ending WIP inventory is $15,600.

The cost per equivalent unit refers to the average cost per unit based on the total production costs divided by the total equivalent units of production.

The equivalent units of production depend on the degree or percentage of completion for the various cost classes.

Transfer to finished goods = 4,150

Ending inventory = 480

Degree of completion of the ending inventory = 50%

Total equivalent units = 4,390 (4,150 + 480 x 50%)

Total production costs = $285,350

Cost per equivalent unit = $65 ($285,350/4,390)

Cost of finished goods = $269,750 ($65 x 4,150)

Cost of the ending WIP = $15,600 ($65 x 240)

Thus, equivalent units refer to the degree of work completed per unit.

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Productivity refers to the measure of output per unit of input over a given period of time. A company’s productivity level is a crucial factor in determining its profitability. Productivity can be increased in different ways, including increasing the number of goods produced and reducing waste. These are the two ways to increase productivity. Therefore, the answer to the question is reducing waste.

Another way to increase productivity is to improve efficiency. Efficiency is a measure of how well inputs are converted into outputs. Improving efficiency means reducing the amount of time, effort, and resources needed to produce a certain output. A company can improve its efficiency in various ways, including using better technology, improving its production processes, and training employees to work more effectively. Increasing productivity is critical for the growth of any business. Productivity can be increased by implementing a wide range of strategies. Reducing waste is one way to increase productivity, while improving efficiency is another way. Both of these strategies help companies to achieve their goals by producing more goods in less time. In conclusion, companies need to explore ways to improve their productivity levels continually. This will help them to increase their profitability, grow their business, and remain competitive in the market.

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Answer: d. a. and b. only.

Explanation:

Free Cashflow to a company is cash that is available to the company after it has finished paying off all expenses for the period. This money can then be used to pay out dividends or engage in stock repurchasing.

Taxes are not paid from Free cash as they are an income expense. Free cash is only acquired after the taxes have been paid off.

Answer:

There are two rules to investing. Rule number one, don’t lose money. Rule number two, see rule number one.” Individual stocks are far riskier than a well-diversified basket of stocks. According to Cambridge Associates, during the 10 year period ended June 30, 2013, 55 stocks in the S&P 500 lost at least half of their market value.

Explanation:

Answer:

um can you egsplain that a bit beter please and then i might be able to help

Explanation:

Quality control The usage of sustainable supply chain management is not required of supply chain managers. Thus option C is correct.

Consistency is guaranteed through quality management for a company, a product, or a service. Quality planning, quality assurance, quality control, and quality improvement make up its four primary parts. The goal of quality management is to raise the standard of goods and services as well as the manner in which they are provided.

A few of the many sustainability-related variables that must be considered are the sourcing of raw materials, last-mile delivery, product returns, and recycling practices. As firms place a greater and more urgent emphasis on ethical supply chain operations, compliance standards and sustainability benchmarks are becoming more uniform.

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Note that this prompt is on creating a risk profile. Here is how to do one.

Creating a risk profile entails evaluating probable hazards capable of causing damage to a company's operations. Begin by classifying these vulnerabilities according to types- financial, operational, strategic, compliance or reputational hazards before determining their significance in order typically from highest or lowest.

For each threat identified during this classification exercise establish whether it's an internal or external one based on its source but most importantly ascertain whether it's within control or not.

To remain resilient in the midst of evolving business environments, it is imperative for small businesses to conduct periodic reviews and revisions of their risk profiles. By engaging in consistent risk monitoring activities, enterprises can take proactive measures to evade potential hazards and bolster their defences against risks.

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The court ruled in favor of American Airlines in the Michael J. French v. American Airlines case, finding that the airline had not broken the Americans with Disabilities Act by mandating that the passenger's service animal remain in a kennel throughout the flight.

An airline passenger's request for a reasonable accommodation under the Americans with Disabilities Act (ADA) was the subject of the Michael J. French v. American Airlines lawsuit in 2009. A disabled traveler named Michael J. French asked American Airlines to give him a special seat for his Golden Retriever service dog on a flight from Utah to Pennsylvania. American Airlines turned down the demand.

The case was handled in Utah's Central Division of the US District Court.

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Answer:

Stability in the financial system

– Price stability—fighting inflation

– Full employment

– Economic growth

– Interest rate stability

– Currency stability

Answer:

c). Lending money to business startups.

Explanation:

Banks receive deposits from customers, retains a small fraction, and loan out the big proposition to other customers. This way, banks pull together resources for businesses and households to borrow for consumption and expansion. Therefore, banks are intermediaries for the supply and demand for credit.

Banks help in economic development by availing capital for start-ups and growth through loans. They use customers' deposits to create credit facilities for businesses.

Answer:

Growth scenarios

Explanation:

A P E X

Answer and Explanation:

a. The computation of the price elasticity of demand is

i. For business travelers

= {(1900  - 2000) ÷ [(1900 + 2000) ÷2]}  ÷  {(250 - 200) ÷ [(200 + 250) ÷ 2]}

= 0.23

ii. For Vacationers

=  {(800 - 600) ÷ [(800 + 600) ÷ 2]} ÷ {(250 - 200) ÷ [(200 + 250)  ÷ 2]}

= 1.29

b. Since the price would increase from $200 to $250 so the price elastiicy of business travelers & vactationers is 0.23 and 1.29 respectively. So the demand for for airline tickets would be more elastic for vacationers as the business travelers would be less senstitive for price change  

Answer:false

Explanation:

Answer:

The answer is C

Explanation:

It's C because the formula for simple interest is PRT/100 in which the amount borrowed is the P, the R is the interest rate and the T is the length of the loan you multiply all that and divide by 100 which was however not mentioned in the statement but rest assured that is the correct answer

A rate can cost you more on a loan when you carry a balance from one month to the next to are compound interest. Thus, option (a) is correct.

What is loan?

A loan is a sum of money that is lent to someone or something by a person, company, financial organization, or government. Mortgage, student, and personal loans are some numerous loan types.

When there is a fixed rate of interest for a set period of time, compound interest is the amount added to the principal and the total cumulative interest. The compound interest are the three divisions of half-yearly, quarterly, and monthly.

The compound interest rate is preferable if you're carrying over a loan balance from one month to the next because it permits your money to increase more quickly than the other rate.

Therefore, option (a) is correct.

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Answer:

Find the difference of 67.2 and 23.9.

Explanation:

Answer: The answer is provided below

Explanation:

a. When the quantity supplied of a particular crop reduces, it will affect the farmer's revenue but this can still be beneficial to the farmer provided these conditions prevails:

• If demand for the crop rises more than its fall in supply, this will lead to a rise in the and price of the crop. Hence, there will also be an increase in the revenue of the farmer and the farmer will try to adjust output and sell at higher prices. Therefore, the excess demand can off set a fall in the supply.

b. We know that the supply of a crop is limited. For example, let's assume that the crop is rice. Now the situation is that people are demanding more beans maybe as a result of festive season. Therefore, everyone will want to purchase rice which will lead to an increase in the price of rice due to excess demand.

The farmer will try as much as possible to maximise profit and will therefore sell the rice at higher price to those that wants to buy. Therefore, it's clear that the farmer can still benefit, even if his supply is limited, but the demand must be greater than its decline in supply.

The administrative position of human resources entails multiple tasks, including payroll, hiring, recruiting, preserving the work environment, and others.

Human resources professionals hire, interview, and screen job prospects as well as designate positions for newly hired personnel. They could also be in charge of pay and benefits, employee relations, and training. Professionals in labor relations supervise and assess employment contracts.

Processing payroll, writing job descriptions, establishing workplace norms, and purchasing benefits are all common HR administration tasks.

Thus, the administrative position is in human resources.

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The factors that affect the demand for rooms each night are:-

In economics, demand is the amount of a good that consumers are willing and able to buy at various prices at any given time. The demand curve is the relationship between price and quantity demand.

If average household income increases by 50%, from $40,000-$60,000 per year, the quantity of rooms demanded at the Lakes rises from $300 rooms per night to $400 rooms per night. Therefore, the income elasticity of demand is positive meaning that hotel rooms at the lakes are normal good.

If the price of a room at the Mountaineer were to decrease by 20%, from $200-$160, while all other demand factors remain at their initial values, the quantity of rooms demanded at the lakes rises from $300  rooms per night to $350 rooms per night. Because the cross price elasticity of demand is negative, hotel rooms at the Lake and hotel rooms at the Mountaineer are complements.

Lakes is debating decreasing the price of its rooms to $275 per night. Under the initial demand conditions we can see that this would cause its total revenue to decrease. Decreasing the price will always have this effect on revenue when lakes is operating on the elastic portion of its demand curve.

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Answer:

any want zo. om. id=2139350377

pass=7neBw6

Answer:

A special event is a one-time or infrequently occurring event outside normal  programs or activities of the sponsoring or organizing body. To the customer or guest, a special event is an opportunity for leisure, social or  cultural experience outside the normal range of choices or beyond everyday  experience.

The key factors  typically recognized as determining the perceived scale and impact of events are the  level of participation, audience/spectators, and media coverage; and the degree to  which an event generates significant international demand for each.

Explanation:

Yes, the cashier gave the exact amount of money.

$60.14 ($14.29 + $14.29 + $14.29 + $13.29 + $9.29 + $3.99 + $5.99) is the total price of the items. The cashier gave have to return $0.14 in change if the customer had given $60.00. The client was due more change, so the clerk gave them 32 cents back instead.

This indicates that the cashier gave the appropriate amount of money and even provided extra change. Debit card cashback is a service that is available to retail customers. It involves adding money to the transaction's total purchase price and giving the customer the extra cash at the point of sale.

As a result, the significance of the cashier give me the right amount of cash back are the aforementioned.

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Answer:

The marginal revenue is $50

Explanation:

MR = 50

The marginal revenue is the increase in revenue brought about by sale of one extra unit. In this case, that would be $50.

Marginal Revenue

= change in total revenue / change in quantity

= 550−500 / 11−10

= 50/1 = $50

MR=$50

Answer:

$1,820,000 million in bonds issued January 1, 2022

coupon rate 6%

maturity = 10 years x 2  = 20 periods

market interest rate = 7%

1) January 1, 2022, bonds issued at a discount

Dr Cash 1,692,171

Dr Discount on bonds payable 127,829

   Cr Bonds payable 1,820,000

2) December 31, 2022, accrued interests on bonds payable

Dr Interest expense 118,452

   Cr Interest payable 109,200

   Cr Discount on bonds payable 9,252

amortization of bond discount = ($1,692,171 x 7%) - $109,200  = $9,252

3) January 1, 2023, first coupon payment

Dr Interest payable 109,200

  Cr Cash 109,200

4) December 31, 2023, accrued interests on bonds payable

Dr Interest expense 119,100

   Cr Interest payable 109,200

   Cr Discount on bonds payable 9,900

amortization of bond discount = ($1,701,423 x 7%) - $109,200  = $9,900

Answer:

Patricia has the best wellness so far

Explanation:

Martin: studies with friends, communicating with others? good. Community service? yes, you want to help others. sleeping pills? not healthy, you want genuine sleep. Not forcing yourself to sleep. You might get addicted, that's not good, isn't it?

Norman: Drinking lots of water? good. Skipping breakfast? not good, you still want to eat breakfast, studies say that breakfast is the most important meal of the 3. studying? yeah, and a regular schedule is good. Reading ahead of class? so and so. It's good because you know everything in advance. But what if you miss something? Like the teacher says, oh, we're canceling the test. You study day after day and find out you don't even need to study. That's a waste of time.

Olivia: plenty of water is good. Skipping breakfast again? Not really good. Having family dinners every week? Yeah, Family is important too. Studying with a tutor? Mhm, You should get help if your behind in class.

Patricia: going to the gym? Good exercise, and healthy for your body. Enjoying times with friends? Friends are important in times of need. So yeah, good too. Taking extra courses? yeah, it's important to know what you want to do in the future, or just for fun! No harm at all.

Martin, Norman, and Olivia have just a little problem that they need to fix. Patricia? She's the one.