Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following data is available for producing recombinant insulin. Market Production 1000 kg/year b) Annual Costs Thousands Year 1 $34,8777.00 Year 2-10 $31,525.00 c)Depreciation $2,766.00

image text in transcribed

The following data is available for producing recombinant insulin. Market Production 1000 kg/year b) Annual Costs Thousands Year 1 $34,8777.00 Year 2-10 $31,525.00 c)Depreciation $2,766.00 d) Direct and start-up fixed investment $30,468.00 e) Working capital $2,742.00 f) ISR 45% It is requested to estimate: a) The sale price to obtain a return on investment (ROI) of 40%. b) The return period. The following data is available for producing recombinant insulin. Market Production 1000 kg/year b) Annual Costs Thousands Year 1 $34,8777.00 Year 2-10 $31,525.00 c)Depreciation $2,766.00 d) Direct and start-up fixed investment $30,468.00 e) Working capital $2,742.00 f) ISR 45% It is requested to estimate: a) The sale price to obtain a return on investment (ROI) of 40%. b) The return period

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Horngrens Cost Accounting A Managerial Emphasis

Authors: Srikant M. Datar, Madhav V. Rajan

17th Edition

0135628474, 9780135628478

More Books

Students also viewed these Accounting questions

Question

Determine the balance of a T account.

Answered: 1 week ago

Question

7 How can a culture encourage ethical (or unethical) behaviour?

Answered: 1 week ago