1a. Describe the five characteristics of an innovation that assist in determining the rate of acceptance or resistance of the market to a product. Please provide examples.
1b. What has become the primary vehicle for doing business in many foreign countries? Explain and justify your answer with example(s).
1c. What are the various techniques that can be used to motivate middlemen? Please illustrate your answer with examples.
In: Operations Management
ABC Company has the following information pertaining to its biological assets for the year 2020:
A herd of 150, 3-year old animals was held at January 1, 2020. Eight animals aged 2.5 years were purchased on July 1, 2020 for P 3,400, and ten animals were born on July 1, 2020. No animals were sold or disposed of during the period. Per unit fair values less estimated point-of-sale costs were as follows:
|
3.0-year old animal at January 1, 2020 |
2,000 |
|
Newborn animal at July 1, 2020 |
1,500 |
|
2.5-year old animal at July 1, 2020 |
3,400 |
|
Newborn animal at December 31, 2020 |
2,600 |
|
0.5-year old animal at December 31, 2020 |
3,000 |
|
3.0-year old animal at December 31, 2020 |
2,750 |
|
2.5-year old animal at December 31, 2020 |
3,650 |
|
4.0-year old animal at December 31, 2020 |
3,000 |
Instructions:
21. How much is the balance of biological assets as of January 1, 2020?
22. How much of the increase in the fair value of the biological asses due to price change?
23. How much of the increase in the fair value of the biological assets due to physical change?
24. What is the fair value of the biological assets as of December 31, 2020?
25. If four 2.5 years old animal was sold on July 1, 2020, how much is the balance of biological assets as of December 31, 2020?
In: Accounting
In: Accounting
How has information technology compressed the ability of governments and organizations across the board to implement long-term strategic planning?
How has information technology redefined sovereign and cultural borders?
How can the government leverage information technology to “fight back” and what kinds of skills and resources are needed by both the people sending the message and those receiving the information?
In: Psychology
Record the property tax revenue deferred of $62,000 that is required by the GASB. The current property taxes receivable of $500,000 less the revenue deferred of $62,000 in K are classified as delinquent along with the amount that is required by the GASB. On Dec. 2, purchase orders were issued for supplies in the amount of $440,000. On December 15, supplies, relating to all of the prior year purchase orders ($400,000), were received along with invoices amounting to $397,000. Received 6% interest revenue on the Investments (beg. Balance) in cash. Record the closing entry. Remember that the actual revenues is closed by a debit with a credit to Estimated Revenues and the balance to Fund Balance. Record the closing entry. Remember that the actual expenditures and the balance in Encumbrances is closed by a credit with a debit to Appropriations and the balance to Fund Balance. Prepare a 12/31/14 Balance Sheet assuming the beginning balances and journal entries A to Q and the books have been closed out to Fund Balance.
In: Accounting
Analyzing and Interpreting Pension Disclosures
Assume E.I. Du Pont De Nemours and Co.'s 10-K report has the
following disclosures related to its retirement plans ($
millions).
| Pension Benefits | ||
|---|---|---|
| ($ millions) | 2010 | 2009 |
| Change in benefit obligation | ||
| Benefit obligation at beginning of year | $ 22,849 | $ 22,935 |
| Service cost | 383 | 388 |
| Interest cost | 1,228 | 1,192 |
| Plan participants' contributions | 13 | 9 |
| Acturarial loss (gain) | (728) | (244) |
| Benefits paid | (1,544) | (1,506) |
| Amendments | -- | (1) |
| Net effects of acquisitions/divestitures | 5 | 76 |
| Benefit obligation at end of year | $ 22,206 | $ 22,849 |
| Change in plan assets | ||
| Fair value of plan assets at beginning of year | $ 22,249 | $ 20,132 |
| Actual gain on plan assets | 1,927 | 3,306 |
| Employer contributions | 277 | 280 |
| Plan participants' contributions | 13 | 9 |
| Benefits paid | (1,544) | (1,506) |
| Net effects of acquisitions/divestitures | -- | 28 |
| Fair value of plan assets at end of year | $ 22,922 | $ 22,249 |
| Funded status | ||
| U.S. plans with plan assets | $ 2,365 | $ 892 |
| Non-U.S. plans with plan assets | (90) | (317) |
| All other plans | (1,559) | (1,515) |
| Total | $ 716 | $ (940) |
| Pension Benefits (in millions) |
|||
|---|---|---|---|
| Components of net periodic benefit cost (credit) | 2010 | 2009 | 2008 |
| Net periodic benefit | |||
| Service cost | $ 383 | $ 388 | $ 349 |
| Interest cost | 1,228 | 1,192 | 1,160 |
| Expected return on plan assets | (1,799) | (1,648) | (1,416) |
| Amortization of loss | 117 | 227 | 303 |
| Amortization of prior service cost | 18 | 29 | 37 |
| Curtailment/settlement (gain) loss | -- | 3 | (1) |
| Net periodic benefit cost | $ (53) | $ 191 | $ 432 |
| Weighted-avg. assumptions used for net periodic benefit cost for years ended Dec. 31 |
2010 |
2009 |
|---|---|---|
| Discount Rate | 5.56% | 5.43% |
| Expected return on plan assets | 8.09% | 8.18% |
| Rate of compensation increase | 4.32% | 4.31% |
The following benefit payments, which reflect future service, as
appropriate, are expected to be paid:
| ($ millions) | Pension Benefits |
|---|---|
| 2008 | $ 1,525 |
| 2009 | 1,507 |
| 2010 | 1,493 |
| 2011 | 1,500 |
| 2012 | 1,500 |
| Years 2013-2017 | 7,690 |
HINT: Do not use negative signs with your answers.
(a) How much pension expense (revenue) does DuPont report in its
2010 income statement?
DuPont reports pension Answer
of $Answer
million.
(b) DuPont reports a $1,799 million expected return on pension plan
assets as an offset to 2010 pension expense. Estimate what the
expected return would have been had DuPont not changed the
assumption on the expected return in 2010. (Round your dollar
answers to the nearest whole number.)
$Answer
million
What is DuPont's actual gain or loss realized on its 2010 pension
plan assets?
Answer
($ million) Answer
(c) What main factors affected DuPont's pension plan assets and
pension liability during 2010?
Investment gains and employer contributions increased the plan assets. Service and interest costs increased the pension liability, and actuarial gains and benefit payments reduced the liability. Benefits were paid directly by the company and did not affect plan assets
Investment gains and employer contributions increased the plan assets, and benefits paid reduced plan assets. Service and interest costs increased the pension liability, and actuarial gains and benefit payments reduced the liability.
Investment gains and employer contributions increased the plan assets, and benefits paid reduced plan assets. Service and interest costs decreased the pension liability, and actuarial gains and benefit payments reduced the liability.
Investment gains and employer contributions increased the plan assets, and benefits paid reduced plan assets. Service costs increased the pension liability, and actuarial gains and benefit payments reduced the liability. Interest reflects the amount the company paid to its lenders and did not affect the pension obligation directly.
(d) Which of the following statements best describes what the
phrase funded status means? What is the funded status of the 2010
DuPont pension plans?
"Funded status" reveals how much cash the plan has.
"Funded status" refers to the extent to which the plan assets are invested in mutual funds.
"Funded status" reflects the contributions that the company has made to the plan.
"Funded status" is the excess or deficiency of the pension obligation over plan assets.
DuPont's pension plan is Answer
by $Answer
million
(e) DuPont increased its discount rate from 5.43% to 5.56% in 2010.
What effect(s) does the increase in the discount rate for
determining pension obligations and cost have on the company's
balance sheet and its income statement?
An increase in the discount rate reduces the PBO and has no effect on pension cost.
An increase in the discount rate reduces the PBO and increases pension cost.
An increase in the discount rate reduces the PBO and decreases pension cost.
An increase in the discount rate increases the PBO and increases pension cost.
(f) Which of the following statements best describes how DuPont's
pension plan affected its 2010 cash flow?
There was no effect on the company's cash flow as all benefit payments are paid from plan assets.
The company's cash flow increased as the increase in pension assets more than offset the increase in the PBO.
The company's cash flow increased by the gains on the plan's investment portfolio and decreased by the benefits paid to plan participants.
The company contributed cash to its pension plan in 2010. This contribution directly affected the company's cash flow.
(g) Explain how the returns on pension assets affect the amount of
cash that DuPont must contribute to fund the pension plan.
Asset returns have no effect on DuPont's cash flow because they are recognized in the pension plan and not on the company's financial statements.
Should pension investments decline as a result of a decline in the financial markets, DuPont might be required to increase its cash contribution to the pension plan.
Asset returns have no effect on DuPont's cash flow because increases in the PBO provide whatever financing the plan needs.
Asset returns have no effect on DuPont's cash flow because employee contributions make up any shortfall.
In: Accounting
In: Nursing
In 650 words or more, identify an organization of your choice (public or private) for the project.
In: Economics
To what degree would you characterize Given's development of the camera pill as "science-push” versus "demand-pull”?
Please answer in more than 350 words with real life example.
Answer in word format only. Please add real life example in the discussion. No copy paste from wikipedia or other sites
Thanks
Subject: Management of Technological Innovation
In: Operations Management
Pick a company you are familiar with. Can you identify some of its core competencies?
Dont copy paste from the websites.
Please answer in more than 350 words and only in word format no images.
Please answer all the questions asked. Explain some background of the company and then explain its core competencies.
Subject: Management of Technological Innovation
Thanks
In: Operations Management