"Deferred Taxes" Please respond to the following:

  Are deferred taxes an unfair loophole that must be closed? Provide a rationale for your response.   

How does the demand multiplier in the open economy compare with the one in the closed economy (smaller, bigger or the same)? Explain briefly.

What do you understand by closed-loop marketing, and how might this be better applied in an organization with which you are familiar?

Turing Machine and Closure Operations

Show that Turing-decidable languages are closed under the following operations:

• union

• concatenation

• star

The financial statements for the Nitai’s Nail Supplies for the past two years are presented below.

Additional information

(a) All purchases and sales of inventories are on credit. All purchases of office supplies are for cash.

(b) The bank overdraft is considered to be part of the entity’s cash management function.

(c) During the year ended 30 June 2020, the owner, Nitai, withdrew $12 800 in cash for personal use.

(d) The entity sold some fixtures for $1200 cash during the current year. These fixtures initially cost $4200 and had been written down to a carrying amount at the date of sale of $2000.

(e) Depreciation of fixtures has been included in ‘other expenses’ for the year ended 30 June 2020. All remaining other expenses were paid in cash.

Required

1. Prepare the statement of cash flows for Nitai’s Nail Supplies for the year ended 30 June 2020, using the direct method. Show relevant ledger accounts (Account receivable, inventory, account payable, office supplies, accumulated depreciation fixtures, fixtures).                 
2. Comment on the cash flow position of the entity as shown in the statement of cash flows.

Whiskey Industries Ltd., a Nanaimo, British Columbia–based company, has a December 31 year end. The company’s comparative statement of financial position and its statement of income for the most recent fiscal year are presented here, along with some additional information:

(a)

Using the information above, prepare the statement of cash flows for Whiskey Industries Ltd. for the year ended December 31, 2020, using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Non-cash investing and financing activities:

During the year, land with a value of $  was acquired by signing a mortgage payable for the full amount.

Question : Healthcare startups struggle to navigate a business world that’s set up for them to fail them

Challenge 1: Institutional policies and hierarchical systems stunt innovation

Challenge 2: Healthcare doesn’t understand early-stage tech companies

Challenge 3: Pilots are set up to hurt more than help.

Promising opportunities ahead

Please explain those context

c. Diffusion.
i. Define it,
ii. Explain how it works,
iii. Give 3 examples involving firms that have lead diffusion of some innovation and why these represent good examples of diffusion,
iv. Discuss how diffusion might be affected by a slow growth / no growth economy.
1. Since diffusion is not free, how might it be impacted by economies that are not growing or only growing slowly?

What are the best arguments for awarding a "property right" specifically a patent, to the discoverer of any new and useful idea? Please state clearly atleast one objection to allowing ideas to be privately owned. And also is there an alternative government policy to encourage innovation that avoids the stated problem? Which is superior, from a law and economics perspective - the patent/property right solution or your alternative?

Please explain in detail.