Please, i need an analysis on the life of jeff bezoz founder and ceo of amazon, his background, career and key leadership characteristics. also how does a company cope with accelerating change. and how can a firm encourage innovation.

Marketing question

" Big Problems in Marketing Industry "

Balancing incremental and radical innovation

A. How do I successfully incorporate design principles into my organization?

B. How should we think about creating “platform” products?

a. In your opinion, is "open source" innovation a good idea for technology transfer?

b. Are there potential drawbacks to using such systems?

c. What do you suggest in order to protect intellectual property rights while using open source?

You have been assigned to examine the financial statements of ABC corp. for the year ended December 31, 2019, as prepared following IFRS. You discover the following situations:

1. Physical inventory count on Dec31, 2018, improperly excluded merchandise costing $13,000 that had been temporarily stored in a public warehouse. ABC corp uses periodic inventory system
2. Physical inventory count on Dec31,2019, improperly included merchandise with a cost of $26,000 that had been recorded as a sale on Dec27, 2019, and was being held for the customer to pick up on Jan 4,2020
3. Depreciation of $6,700 for 2018 on delivery vehicles was not recorded
4. A collection of $4,600 on account from customer received on Dec 31,2019, was not recorded until Jan 2, 2020
5. A large piece of equipment was purchased on Jan 1, 2019 for $20,500 and was charged in error to repairs expense. The equipment estimated useful life 8 years and no residual value. ABC corp uses straight-line depreciation method for this type of equipment.
6. On Dec 31, 2018 accrued wages of $1,500 were not recognized and not recorded
7. A 3 years insurance premium paid on July 1,2018 for policy expires on June 30,2021, amount of $12,000 was charged to insurance expense
8. The Accountant recorded a purchase of supplies for $9,000 in 2019 that applied to 2020.
9. At the beginning of 2017, the company purchased equipment for $225,000(residual value $22,500) and had useful life 6 years. The accountant used straight line amortization, but failed to deduct the residual value in calculation the depreciation base for the past and current years.
10. A cheque for $44,000 was paid in January 1, 2019 to cover the rent for 2019 and 2020; the entire amount was debited to rental expense.

Instructions:

Prepare the required Journal entries (if any) to correct ABC corp's accounts, assuming each transaction is independent and assume 2019 books are not closed.

At the end of its first year of operations on December 31, 2020, Carla Vista Company’s accounts show the following.

The capital balance represents each partner’s initial capital investment. Therefore, net income or net loss for 2020 has not been closed to the partners’ capital accounts.

To record the division of net income for the year 2020 under each of the following independent assumptions.

(a)

Prepare a schedule showing the division of net income under assumption (3) above. (If an amount reduces the account balance then enter with a negative sign preceding the number e.g. -15,000 or parenthesis e.g. (15,000).)

Logan Distributing Company of Atlanta sells fans and heaters to retail outlets throughout the Southeast. Joe Logan, the president of the company, is thinking about changing the firm's credit policy to attract customers away from competitors. The present policy calls for a 1/10, net 30 cash discount. The new policy would call for a 3/10, net 50 cash discount. Currently, 30 percent of Logan customers are taking the discount, and it is anticipated that this number would go up to 50 percent with the new discount policy. It is further anticipated that annual sales would increase from a level of $393,500 to $605,000 as a result of the change in the cash discount policy.

The increased sales would also affect the inventory level. The average inventory carried by Logan is based on a determination of an EOQ. Assume sales of fans and heaters increase from 14,890 to 22,650 units. The ordering cost for each order is $198, and the carrying cost per unit is $1.55 (these values will not change with the discount). The average inventory is based on EOQ/2. Each unit in inventory has an average cost of $13.

Cost of goods sold is equal to 65 percent of net sales; general and administrative expenses are 15 percent of net sales; and interest payments of 14 percent will only be necessary for the increase in the accounts receivable and inventory balances. Taxes will be 40 percent of before-tax income.

For average collection period, assume the customer pays on the last day possible (if they are getting the discount, that is day 10; if not, that is day 30 with the original policy and day 50 with the proposed policy).

Research and development costs can be recorded differently according to International Accounting Standards. Research is recognized as an expense of the period and development expense can be capitalized.

REQUIRED:

With respect to research and development:

a)    Explain how managers can use discretion to record an expense as research rather than development to provide alternative income and balance sheet figures.

b)    How does recording innovation expenses as research rather than development change the income statement and balance sheets figures?

c)    How does recording innovation expenses as research rather than development change important ratios related to the income statement and balance sheet figures?

d) What are the incentives for a manager to report an expense as research rather than development when both methods are justified applying accounting standards?

Depreciation and accounting cash flow   A firm in the third year of depreciating its only​ asset,which originally cost $175,000and has a​ 5-yearMACRS recovery period

has gathered the following data relative to the current​ year'soperations:

1. Use the relevant data to determine the operating cash flow for the current year.

Complete the following table to determine the operating cash flow​ (OCF):  ​(Round to the nearest​ dollar.)

Enter any number in the edit fields and then click Check Answer.

b. Explain the impact that​ depreciation, as well as any other noncash​ charges, has on a​ firm's cash flows.

You and your friend Jack have different opinions about Tesla stock price. On Sep. 30, 2020, you did a short sale of Tesla stock at $429.01 for $1000 shares. The same day, Jack bought the Tesla stock at $429.01 for $1000 shares with margin. The initial margin and maintenance margin requirement for short sale is 150%. The initial margin and maintenance margin requirement for long on margin is 30% (assume no interest is charged on long on margin account). Below is the Tesla stock price in the next 2 days:

Oct. 01, 2020          $448.16

Oct. 02, 2020          $415.09

What is your expectation of Tesla stock price change in the future? (1 point)

What is Jack’s expectation? (1 point)

Please calculate your daily margin ratio and Jack’s daily margin ratio for each of the next 2 days

(Oct. 01 and Oct. 02). Please specify if margin call is received and how much money you or Jack

need to deposit into the account after the margin call. (6 points)

If you and Jack both decide to close the account (i.e., selling the stock or covering the short selling position) after receiving the first margin call instead of depositing more money into the account, please calculate returns for both of you. (4 points)

A study by Lefèvre et al. (2010, PLoSONE 5: e9546) investigated whether alcohol consumption affected peoples' attractiveness to the mosquito, Anopheles gambiae, which is the primary vector for malaria in Africa. A total of 43 human participants were tested, and the attractiveness of each participant was tested twice. The first test collected a baseline attractiveness for each participant. The participants then drank either a liter of beer (n=25 participants) or a liter of water (n=18), and after 15 minutes, the test was repeated. The type of drink was randomly determined for each subject.

To estimate a person's attractiveness to A. gambiae, a vial of 50 mosquitos was released into the Y-tube apparatus shown in Figure 1. Participants were seated in a small tent, which was connected by an air hose to one of two mosquito traps. This allowed the mosquitos to detect and respond to olfactory cues from the participants, without exposing the participants to the mosquitos. The proportion of mosquitos that flew toward the participant was recorded as the response variable.

You can find the Lefèvre data on the website in the file lefevre_2010_mosquitos_and_beer.csv. Each row in in the data represents a single participant. The first column is an id code. The second column is a factor that indicates the subject’s treatment-level for drink (beer vs. water). The third column gives the proportion of mosquitos that flew in the participants' direction in the baseline measurement, and the fourth column gives the proportion after drinking. Column five is the change from baseline after drinking (i.e., afterDrink – beforeDrink).

I

In the following questions, we will use two different strategies to analyze the data. In Question 2, we will conduct two completely separate tests that compare attractiveness before drinking a beverage to attractiveness after drinking a beverage, and then compare the result that we get with water to the result with beer (if it helps, imagine two different research groups test the same question, but one uses water and one uses beer; afterward, they meet up and compare notes). In the second strategy (Question 4), we will directly analyze the difference in average change from baseline for beer versus water. One of these strategies is a much better approach to use in real life. Which one is better, and why?