The WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) permits developing countries to import generic products from other countries if they don't have the capacity to produce generic drugs
Indicate whether the statement is true or false
TRUE
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Logan, Inc is evaluating two possible investments in depreciable plant assets
The company uses the straight-line method of depreciation. The following information is available: Investment A Investment B Initial capital investment $101,000 $151,000 Estimated useful life 10 years 10 years Estimated residual value 0 $20,000 Estimated annual net cash inflow for 10 years $28,000 $47,000 Required rate of return 12% 12% Calculate the payback period for Investment A. (Round your answer to two decimal places.) A) 2.22 years B) 2.89 years C) 1.00 year D) 3.61 years
Carlos Naturals manufactures bulk quantities of cleaning fluids
The company currently sells 700 containers a month at a sales price of $22 per unit. The addition of a new disinfectant will result in a sales price of $25 per unit for the improved product. It would cost a total of $3,800 per month to make the alteration. Operating income would ________. A) decline by $15,400 B) increase by $3,800 C) increase by $1,700 D) decline by $1,700