Identify three conditions that would need to be implemented (or have already been implemented) in your Lululemon Athletica to create a culture of innovation and change.
In: Operations Management
How and to what extent does a diversity of perspective contribute to or distract from creativity and innovation in the workplace? What are the managerial implications of your answer?
In: Psychology
How does an MNE use innovation to a)create value, and b)increase revenue. Please give at least TWO specific examples for (a) and (b).
In: Operations Management
Determine what type of innovation and value-creation BMW is capable of undertaking. Is it incremental or disruptive? Please explain fully and support your choice.
In: Operations Management
Discuss the relationship between creativity and innovation. Is it possible to innovate without creativity? Is it possible to be creative without innovating? Defend your position thoroughly.
In: Operations Management
| 1. | On January 1, 2020, Riverbed signed an agreement to operate as a franchisee of Copy Service Inc., for an initial franchise fee of $75,000. Of this amount, $35,000 was paid when the agreement was signed and the balance is payable in four annual payments of $10,000 each, beginning January 1, 2022. The agreement provides that the down payment is not refundable and no future services are required of the franchisor. The present value at January 1, 2020, of the four annual payments discounted at 7% (the implicit rate for a loan of this type) is $33,872. The agreement also provides that 5% of the franchisee’s revenue must be paid to the franchisor each year. The franchisor requires that Riverbed provide it with some form of assurance verifying the revenue amount used to determine the 5% payment. Riverbed’s revenue from the franchise for 2020 was $760,000. Riverbed estimates that the franchise’s useful life will be 10 years. | |
| 2. | Riverbed incurred $45,000 in experimental costs in its laboratory to develop a patent, and the patent was granted on January 2, 2020. Legal fees and other costs of patent registration totalled $13,600. Riverbed estimates that the useful life of the patent will be 6 years. | |
| 3. | A trademark was purchased from Shanghai Company for $28,700 on July 1, 2017. The legal costs to successfully defend the trademark totalled $8,160 and were paid on July 1, 2020. Riverbed estimates that the trademark’s useful life will be 14 years from the acquisition date. |
Assume that Riverbed reports using ASPE. Prepare a schedule showing the intangible assets section of Riverbed’s statement of financial position at December 31, 2020. (Round answers to 0 decimal places, e.g. 5,275. Enter account name only and do not provide descriptive information.)
| Riverbed Corporation Intangible Assets December 31, 2020 |
||
| $ | ||
| Total Intangible Assets | $ | |
Compute the total amount of expenses resulting from the transactions that would appear on Riverbed’s income statement for the year ended December 31, 2020.
In: Accounting
The task:
You are working in a partnership position in a company and An
existing Provider is looking for
10X growth with your company in 2020. you have
scheduled a call with the provider's manager. Your CEO is also
invited to this call.
1- Please write down a structure for the call and draft 3-5 potential solutions that you supposed to discuss with the partner.
2- prefer/prioritize these solutions in a way you expect to achieve the best result from the call. Justify your choices and your strategy.
In: Accounting
Beverly is obtaining a mortgage to buy a house in Brampton, ON for $1,100,000. A 20% down payment is required. The mortgage rate is 2.5% for a 5-year term. The amortization period is 25 years.
In: Finance
Coopy Corp. bought equipment for $500,000 on March 1, 2017 down paying $70,000 and signing a note for the rest. Coopy Corp. agreed to make 20 equal quarterly payments for 5 years starting June 1, 2017. The interest rate on this loan is 12%.
a) How much interst payable should be in Coopy Corp's balance on December 31, 2018?
b) What will be the carrying value (CV) on December 1, 2020 after the payment has been made?
In: Accounting
The task: You are working in a partnership position in a company and An existing Provider is looking for 10X growth with your company in 2020. you have scheduled a call with the provider's manager. Your CEO is also invited to this call. 1- Please write down a structure for the call and draft 3-5 potential solutions that you supposed to discuss with the partner. 2- prefer/prioritize these solutions in a way you expect to achieve the best result from the call. Justify your choices and your strategy.
In: Operations Management