Innovation and Trading City
In the Stitch and Squeeze example, suppose the shoe output per hour in Stitch increases to 16 and the exchange rate increases to 4 shoes per gallon of milk. A Stitch household switches 1 hour of production time, and a Squeeze household switches 2 hours of production time.
Ignoring any transaction cost, what are the gains from trade for each type of household?
If the exchange time is 1/4 hour, what are the gains from trade for each type of household?
In: Economics
What could a student learn in the Course Fostering a Culture of Innovation
How would an individual live their professional and have a personal life if they were trying to become an innovative Leader?
Professionally and Personally Living with 3 Ways to Focus on Innovative Strategy in a Workplace
How would a person professionally and personally Live and Measure their Progress towards their Success?
What are strategies for professional and personal Living when fostering positive social Change
P create an action Plan!
Please provide references.
In: Operations Management
Vertical Analysis of Income Statement
Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows:
| Current year Amount | Previous year Amount | |
| Sales | $450,000 | $387,000 |
| Cost of goods sold | $270,000 | $212,850 |
| Selling expenses | $72,000 | $69,660 |
| Administrative expenses | $76,500 | $61,920 |
| Income tax expense | $13,500 | $15,480 |
a. Prepare an income statement in comparative form, stating each item for both years as a percent of sales. If required, round percentages to one decimal place. Enter all amounts as positive numbers.
b. The vertical analysis indicates that the cost of goods sold as a percent of sales ___ by __ percentage points, while selling expenses___by ___percentage points, and administrative expenses_____by ___percentage points. Thus, net income as a percent of sales___by __percentage points.
In: Accounting
There are many policy proposals aimed at curtailing the high cost of pharmaceuticals and/or encouraging innovation. Briefly analyze the costs and benefits of the following policy proposals: a. The government uses an auction to estimate the private value of patents and then offers to buy out patents at this private value. Most patents purchased would be placed in the public domain. b. The government offers a $5 billion prize to the first drug company that develops a cure for Alzheimer’s disease. c. In order to control the rising costs of new drugs, the government puts a cap on drug prices at $10,000 per month.
In: Economics
1. What is the difference between the implementation of innovation and entrepreneurship within the organization from a strategic management and business strategy perspective?
2. What are some of the benefits and risks of vertical integration as part of a company’s business strategy?
3 What are some of the strengths and weaknesses of mergers and acquisitions that would determine which is best for the organization?
4. From a business strategy perspective, what factors must be considered as part of a successful global strategy?
5. Why is it important for the organizational structure to be in alignment with the organization business strategy?
In: Operations Management
In: Accounting
Stock Dividends
On August 1, 2020, Perkins declares a 15% Common Stock dividend. The market (fair) value of the stock on August 1, 2020, is $30 per share. August 15, 2020, is the date of record. The stock dividend will be distributed on August 31, 2020. Instructions: (a) Prepare all required journal entries for August 1, 15, and 31, 2020. If no journal entry is required, state NA. (b) Assume that Perkins declares a 30% Common Stock dividend instead of a 15% stock dividend. Prepare all required journal entries for August 1, 15, and 31, 2020. If no journal entry is required, state NA
In: Accounting
On January 2, 2020, Crane Company began construction of a new
citrus processing plant. The automated plant was finished and ready
for use on September 30, 2021. Expenditures for the construction
were as follows:
| January 2, 2020 | $ 604000 |
| September 1, 2020 | 1809600 |
| December 31, 2020 | 1809600 |
| March 31, 2021 | 1809600 |
| September 30, 2021 | 1196000 |
Crane Company borrowed $3240000 on a construction loan at 12%
interest on January 2, 2020. This loan was outstanding during the
construction period. The company also had $12480000 in 9% bonds
outstanding in 2020 and 2021.
The interest capitalized for 2021 was:
$355107
$84676
$291600
$376276
In: Accounting
5G is the latest wireless technology and it is said to revolutionize the way we will be connected. The debate which has arisen is that it will require a lot of energy generation – with pollution levels rising how can this technology be justified using a Utilitarian rule approach
In: Computer Science
5G is the latest wireless technology and it is said to revolutionize the way we will be connected. The debate which has arisen is that it will require a lot of energy generation – with pollution levels rising how can this technology be justified using a Utilitarian Act approach?
In: Computer Science