Approximately 14 million Americans are addicted to drugsand alcohol. The Federal government estimates that these addicts cost the U. S. economy $300 billion in medical expenses and lost productivity. Despite the enormous potential market, many biotech companies have shied away from funding research and development (R&D) initiatives to find a cure for drug and alcohol addiction. Your firm, Drug Abuse Sciences (DAS), is a notable exception. It has spent $185 million to date working on a cure but is now at a crossroads. It can either abandon its program or invest another $40 million today. Unfortunately, the firm's opportunity cost of funds is 8 percent, and it will take another five years before final approval from the Federal Drug Administration is achieved and the product is actually sold. Expected (year-end) profits from selling the drug are presented below: Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
$0 $0 $0 $0 $16,000,000 -$17,100,000 -$19,200,000
Year 8 Year 9
-$22,000,000 -$24,100,000
A. What is the net present value of the project?
B. Should DAS continue with its plan to bring the drug to market, or should it abandon the project?

List three major educational changes over the past 100 years that have positively influenced students. explain why these changes were influential.

Data pertaining to the current position of forte company are as follows: cash $437,500 marketable securities 170,000 accounts and notes receivable (net) 320,000 inventories 700,000 prepaid expenses 42,000 accounts payable 240,000 notes payable (short-term) 250,000 accrued expenses 310,000 required: 1. compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. round ratios to one decimal place. 2. compute the working capital, the current ratio, and the quick ratio after each of the following transactions, and record the results in the appropriate columns of the table provided. consider each transaction separately and assume that only that transaction affects the data given. round to one decimal place. a. sold marketable securities at no gain or loss, 75,000. b. paid accounts payable, 135,000. c. purchased goods on account, 100,000. d. paid notes payable, 105,000. e. declared a cash dividend, 125,000. f. declared a common stock dividend on common stock, 45,000. g. borrowed cash from bank on a long-term note, 205,000. h. received cash on account, 130,000. i. issued additional shares of stock for cash, 635,000. j. paid cash for prepaid expenses, 15,000.

To appeal to a new target market, the maker of hill's coffee has changed the product's package design, reformulated the coffee, begun advertising price discounts in women's magazines, and started distributing the product through gourmet coffee shops. what has been changed? a. the product's perceptual value. b.the product's 4ps. c. the method used in its target marketing. d. the ownership of the product line. e. the product's utility.