Exhibit 18

question 21

Multiple Choice

Exhibit 18.3.The following table shows the annual revenues (in millions of dollars) of a pharmaceutical company over the period 1990-2011. Excel scatterplot shown above indicates that the annual revenues have an increasing trend.Therefore,linear,exponential,quadratic and cubic models were used to fit the trend,and the following relevant information became available after applying linear regression. Refer to Exhibit 18.3.What is a revenue forecast for 2012 found by the exponential trend equation?

• A)About 2 billion and 334 million dollars
• B)About 2 billion and 189 million dollars
• C)About 2 billion and 149 million dollars
• D)About 2 billion and 34 million dollars

Acknowledge the self-corrective nature of natural science and the significance of independent replication and evaluation.

Distinguish between various types of reasoning utilized in scientific inquiry.

Appreciate the complexity and diversity of the universe as explored through scientific inquiry.

Understand the impact of scientific research on the development of governmental policy.

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Definitions:

Total Asset Turnover

A financial ratio that measures a company's ability to generate sales from its assets by comparing net sales with total assets.

Sales On Account

Transactions where goods or services are provided to a customer with an agreement that payment will be made at a later date, similar to credit sales.

Equity Multiplier

A financial ratio that indicates the portion of a company's assets that is financed by stockholder's equity, highlighting leverage.

Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholders' equity at a specific point in time, providing insights into its financial position.