What are the business mechanisms that are available to stimulate and support innovation and investment in Ontario’s and/or Canada’s bio economy with particular reference to forest
bioeconomy.
Benchmark and compare Canadian and Ontario’s examples to programs from jurisdictions within the European Union (preferably individual Scandinavian States) and the EU itself
1. What is the current inventory of available options?
2. Identify possibly opportunity gaps;
3.How do they track in relation to Technical Readiness Level (TRL)?
4. Identify and compare qualification brackets (program eligibility);
5. Identify and compare those associated standard and specialized performance metrics of various programs;
6. Create a visualization map of Ontario’s and Canada’s business mechanisms, overlaid by research investment and business investment;
7. Identify or develop best case examples drawn from the comparison state or Canada (explain how and why).
In: Operations Management
Wildhorse Inc., a greeting card company, had the following
statements prepared as of December 31, 2020.
|
WILDHORSE INC. |
||||||
|---|---|---|---|---|---|---|
|
12/31/20 |
12/31/19 |
|||||
|
Cash |
$6,100 |
$6,900 |
||||
|
Accounts receivable |
61,900 |
50,600 |
||||
|
Short-term debt investments (available-for-sale) |
34,700 |
18,100 |
||||
|
Inventory |
40,000 |
59,400 |
||||
|
Prepaid rent |
5,000 |
4,000 |
||||
|
Equipment |
152,800 |
128,900 |
||||
|
Accumulated depreciation—equipment |
(34,900 |
) |
(25,100 |
) |
||
|
Copyrights |
46,100 |
50,400 |
||||
|
Total assets |
$311,700 |
$293,200 |
||||
|
Accounts payable |
$45,800 |
$40,100 |
||||
|
Income taxes payable |
3,900 |
6,000 |
||||
|
Salaries and wages payable |
8,100 |
4,000 |
||||
|
Short-term loans payable |
8,100 |
10,100 |
||||
|
Long-term loans payable |
59,900 |
69,400 |
||||
|
Common stock, $10 par |
100,000 |
100,000 |
||||
|
Contributed capital, common stock |
30,000 |
30,000 |
||||
|
Retained earnings |
55,900 |
33,600 |
||||
|
Total liabilities & stockholders’ equity |
$311,700 |
$293,200 |
||||
|
WILDHORSE INC. |
||||
|---|---|---|---|---|
|
Sales revenue |
$339,275 |
|||
|
Cost of goods sold |
174,600 |
|||
|
Gross profit |
164,675 |
|||
|
Operating expenses |
120,100 |
|||
|
Operating income |
44,575 |
|||
|
Interest expense |
$11,200 |
|||
|
Gain on sale of equipment |
2,000 |
9,200 |
||
|
Income before tax |
35,375 |
|||
|
Income tax expense |
7,075 |
|||
|
Net income |
$28,300 |
|||
Additional information:
| 1. | Dividends in the amount of $6,000 were declared and paid during 2020. | |
| 2. | Depreciation expense and amortization expense are included in operating expenses. | |
| 3. | No unrealized gains or losses have occurred on the investments during the year. | |
| 4. | Equipment that had a cost of $20,100 and was 70% depreciated was sold during 2020. |
Prepare a statement of cash flows 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).)
In: Accounting
Pearl Inc., a greeting card company, had the following
statements prepared as of December 31, 2020.
|
PEARL INC. |
||||||
|---|---|---|---|---|---|---|
|
12/31/20 |
12/31/19 |
|||||
|
Cash |
$6,100 |
$7,100 |
||||
|
Accounts receivable |
62,400 |
51,000 |
||||
|
Short-term debt investments (available-for-sale) |
34,700 |
18,100 |
||||
|
Inventory |
40,400 |
60,300 |
||||
|
Prepaid rent |
4,900 |
4,000 |
||||
|
Equipment |
154,100 |
130,600 |
||||
|
Accumulated depreciation—equipment |
(34,900 |
) |
(24,800 |
) |
||
|
Copyrights |
46,400 |
49,800 |
||||
|
Total assets |
$314,100 |
$296,100 |
||||
|
Accounts payable |
$46,500 |
$40,200 |
||||
|
Income taxes payable |
4,000 |
6,000 |
||||
|
Salaries and wages payable |
8,100 |
4,100 |
||||
|
Short-term loans payable |
7,900 |
10,100 |
||||
|
Long-term loans payable |
59,600 |
68,400 |
||||
|
Common stock, $10 par |
100,000 |
100,000 |
||||
|
Contributed capital, common stock |
30,000 |
30,000 |
||||
|
Retained earnings |
58,000 |
37,300 |
||||
|
Total liabilities & stockholders’ equity |
$314,100 |
$296,100 |
||||
|
PEARL INC. |
||||
|---|---|---|---|---|
|
Sales revenue |
$339,800 |
|||
|
Cost of goods sold |
176,500 |
|||
|
Gross profit |
163,300 |
|||
|
Operating expenses |
120,500 |
|||
|
Operating income |
42,800 |
|||
|
Interest expense |
$11,300 |
|||
|
Gain on sale of equipment |
2,000 |
9,300 |
||
|
Income before tax |
33,500 |
|||
|
Income tax expense |
6,700 |
|||
|
Net income |
$26,800 |
|||
Additional information:
| 1. | Dividends in the amount of $6,100 were declared and paid during 2020. | |
| 2. | Depreciation expense and amortization expense are included in operating expenses. | |
| 3. | No unrealized gains or losses have occurred on the investments during the year. | |
| 4. | Equipment that had a cost of $20,100 and was 70% depreciated was sold during 2020. |
Prepare a statement of cash flows 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).)
In: Accounting
The financial statements of Amy Inc. appear below: Amy Inc Comparative Balance Sheet December 31, Assets 2020 2019 Cash....................................................................................... $ 36,000 $ 33,000 Short-term investments .......................................................... 28,000 30,000 Accounts receivable (net)....................................................... 80,000 60,000 Supplies ................................................................................. 8,000 10,000 Inventories.............................................................................. 115,000 80,000 Prepaid Expenses .................................................................. 6,000 5,000 Property, plant and equipment (net)....................................... 297,000 218,000 Total assets ..................................................................... $570,000 $436,000 Liabilities and stockholders' equity Accounts payable................................................................... $ 87,000 $ 73,000 Short-term notes payable ....................................................... 15,000 17,000 Long-term bonds payable....................................................... 80,000 20,000 Common stock, $2 par value.................................................. 100,000 100,000 Preferred Stock, $100 par value............................................. 90,000 90,000 Retained earnings .................................................................. 198,600 136,000 Total liabilities and stockholders' equity ............................ $570,000 $436,000 Amy Inc Income Statement For the Year Ended December 31, 2020 Net sales ................................................................................ $940,000 Cost of goods sold.................................................................. 545,000 Gross profit............................................................................. 395,000 Expenses Depreciation Expense....................................................... $5,400 Salaries Expense.............................................................. 202,000 Interest expense ............................................................... 39,500 Other Operating expenses................................................ 27,100 Total expenses ............................................................ 274,000 Income before income taxes .................................................. 121,000 Income tax expense ............................................................... 36,000 Net income............................................................................. $ 85,000 Additional information: a. During 2020, Amy Inc. paid $10,000 cash dividends to its preferred shareholders and $22,000 cash dividends to its common shareholders c. Trading price of the common stock on December 31, 2020, was $15 per share. Instructions Using the above information, compute the following ratios for 2020: 1.Current ratio 4. Accounts receivable turnover 7. Earnings per Share 2.Inventory turnover 5. Average collection period 8. Price-earnings ratio 3.Profit margin 6. Average days inventory on hand 9. Times interest earned
In: Accounting
Metlock Inc., a greeting card company, had the following
statements prepared as of December 31, 2020.
|
METLOCK INC. |
||||||
|---|---|---|---|---|---|---|
|
12/31/20 |
12/31/19 |
|||||
|
Cash |
$5,900 |
$7,100 |
||||
|
Accounts receivable |
62,000 |
51,000 |
||||
|
Short-term debt investments (available-for-sale) |
35,000 |
18,100 |
||||
|
Inventory |
40,400 |
59,900 |
||||
|
Prepaid rent |
5,000 |
4,000 |
||||
|
Equipment |
153,300 |
129,100 |
||||
|
Accumulated depreciation—equipment |
(35,000 |
) |
(24,800 |
) |
||
|
Copyrights |
46,300 |
50,300 |
||||
|
Total assets |
$312,900 |
$294,700 |
||||
|
Accounts payable |
$46,500 |
$40,200 |
||||
|
Income taxes payable |
4,100 |
6,100 |
||||
|
Salaries and wages payable |
8,100 |
4,100 |
||||
|
Short-term loans payable |
8,000 |
10,100 |
||||
|
Long-term loans payable |
60,600 |
69,600 |
||||
|
Common stock, $10 par |
100,000 |
100,000 |
||||
|
Contributed capital, common stock |
30,000 |
30,000 |
||||
|
Retained earnings |
55,600 |
34,600 |
||||
|
Total liabilities & stockholders’ equity |
$312,900 |
$294,700 |
||||
|
METLOCK INC. |
||||
|---|---|---|---|---|
|
Sales revenue |
$338,150 |
|||
|
Cost of goods sold |
175,700 |
|||
|
Gross profit |
162,450 |
|||
|
Operating expenses |
119,400 |
|||
|
Operating income |
43,050 |
|||
|
Interest expense |
$11,300 |
|||
|
Gain on sale of equipment |
2,000 |
9,300 |
||
|
Income before tax |
33,750 |
|||
|
Income tax expense |
6,750 |
|||
|
Net income |
$27,000 |
|||
Additional information:
| 1. | Dividends in the amount of $6,000 were declared and paid during 2020. | |
| 2. | Depreciation expense and amortization expense are included in operating expenses. | |
| 3. | No unrealized gains or losses have occurred on the investments during the year. | |
| 4. | Equipment that had a cost of $19,800 and was 70% depreciated was sold during 2020. |
Prepare a statement of cash flows using the direct method.
In: Accounting
Culver Inc., a greeting card company, had the following
statements prepared as of December 31, 2020.
|
CULVER INC. |
||||||
|---|---|---|---|---|---|---|
|
12/31/20 |
12/31/19 |
|||||
|
Cash |
$6,100 |
$7,000 |
||||
|
Accounts receivable |
62,200 |
51,500 |
||||
|
Short-term debt investments (available-for-sale) |
34,900 |
17,900 |
||||
|
Inventory |
40,300 |
60,500 |
||||
|
Prepaid rent |
5,000 |
3,900 |
||||
|
Equipment |
153,200 |
131,200 |
||||
|
Accumulated depreciation—equipment |
(35,000 |
) |
(24,700 |
) |
||
|
Copyrights |
46,200 |
49,800 |
||||
|
Total assets |
$312,900 |
$297,100 |
||||
|
Accounts payable |
$46,000 |
$40,000 |
||||
|
Income taxes payable |
4,000 |
6,000 |
||||
|
Salaries and wages payable |
7,900 |
4,000 |
||||
|
Short-term loans payable |
8,100 |
10,100 |
||||
|
Long-term loans payable |
59,800 |
69,200 |
||||
|
Common stock, $10 par |
100,000 |
100,000 |
||||
|
Contributed capital, common stock |
30,000 |
30,000 |
||||
|
Retained earnings |
57,100 |
37,800 |
||||
|
Total liabilities & stockholders’ equity |
$312,900 |
$297,100 |
||||
|
CULVER INC. |
||||
|---|---|---|---|---|
|
Sales revenue |
$336,150 |
|||
|
Cost of goods sold |
174,100 |
|||
|
Gross profit |
162,050 |
|||
|
Operating expenses |
120,800 |
|||
|
Operating income |
41,250 |
|||
|
Interest expense |
$11,400 |
|||
|
Gain on sale of equipment |
1,900 |
9,500 |
||
|
Income before tax |
31,750 |
|||
|
Income tax expense |
6,350 |
|||
|
Net income |
$25,400 |
|||
Additional information:
| 1. | Dividends in the amount of $6,100 were declared and paid during 2020. | |
| 2. | Depreciation expense and amortization expense are included in operating expenses. | |
| 3. | No unrealized gains or losses have occurred on the investments during the year. | |
| 4. | Equipment that had a cost of $20,200 and was 70% depreciated was sold during 2020. |
Prepare a statement of cash flows 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).)
In: Accounting
Blossom Inc., a greeting card company, had the following
statements prepared as of December 31, 2020.
|
BLOSSOM INC. |
||||||
|---|---|---|---|---|---|---|
|
12/31/20 |
12/31/19 |
|||||
|
Cash |
$6,000 |
$6,900 |
||||
|
Accounts receivable |
61,800 |
50,900 |
||||
|
Short-term debt investments (available-for-sale) |
35,200 |
17,900 |
||||
|
Inventory |
40,300 |
60,600 |
||||
|
Prepaid rent |
5,100 |
3,900 |
||||
|
Equipment |
155,100 |
131,300 |
||||
|
Accumulated depreciation—equipment |
(35,200 |
) |
(24,800 |
) |
||
|
Copyrights |
45,800 |
50,400 |
||||
|
Total assets |
$314,100 |
$297,100 |
||||
|
Accounts payable |
$45,600 |
$40,000 |
||||
|
Income taxes payable |
4,000 |
6,000 |
||||
|
Salaries and wages payable |
8,100 |
4,000 |
||||
|
Short-term loans payable |
7,900 |
10,000 |
||||
|
Long-term loans payable |
60,500 |
68,900 |
||||
|
Common stock, $10 par |
100,000 |
100,000 |
||||
|
Contributed capital, common stock |
30,000 |
30,000 |
||||
|
Retained earnings |
58,000 |
38,200 |
||||
|
Total liabilities & stockholders’ equity |
$314,100 |
$297,100 |
||||
|
BLOSSOM INC. |
||||
|---|---|---|---|---|
|
Sales revenue |
$336,275 |
|||
|
Cost of goods sold |
173,300 |
|||
|
Gross profit |
162,975 |
|||
|
Operating expenses |
121,200 |
|||
|
Operating income |
41,775 |
|||
|
Interest expense |
$11,400 |
|||
|
Gain on sale of equipment |
2,000 |
9,400 |
||
|
Income before tax |
32,375 |
|||
|
Income tax expense |
6,475 |
|||
|
Net income |
$25,900 |
|||
Additional information:
| 1. | Dividends in the amount of $6,100 were declared and paid during 2020. | |
| 2. | Depreciation expense and amortization expense are included in operating expenses. | |
| 3. | No unrealized gains or losses have occurred on the investments during the year. | |
| 4. | Equipment that had a cost of $19,900 and was 70% depreciated was sold during 2020. |
Prepare a statement of cash flows 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).)
In: Accounting
Write a narrative description highlighting the demographic changes seen in the Cumberland community in Illinois to explain the complete Data Template below for the general public. ? Demographics: Include the total number and percent of each in the Data Template below to gather data for both the county, state, and national data from both the 2000 and 2010 Census to show how the county has changed from the last Census as well as how it compares to the demographics of the state and the nation. The data template MUST be included as an appendix in your paper. ? Total Population (include the percent change in population from the 2000 to the 2010 Census) ? Age Distribution (use other similar parameters if unable to find the exact same in your research) ? Under 1 Year ? 1 to 5 Years ? 6 to 13 Years ? 14 to 17 Years ? 18 to 24 Years ? 25 to 49 Years ? 50 to 64 Years ? 65 to 84 Years ? 85 Years and Older ? Females 15 – 44 Years ? Gender ? Median Age ? Racial & Ethnic Composition ? Hispanic ? White (Non-Hispanic) ? Black ? Asian/Pacific Islander ? Socioeconomic Status (include total number and percentage of each) ? Median Household Income ? Persons Below 100% of Poverty Level ? Persons Below 200% of Poverty Level ? Households with Social Security Income ? Households with Public Assistance Income ? Unemployed Persons 16 Years & Older ? High School Graduates 25 Years & Older ? College Graduates 25 Years & Older.
Community Description Data Template
|
Data |
Cumberland Community |
Illinois State |
United States |
|||
|
2010 Census |
2000 Census |
2010 Census |
2000 Census |
2010 Census |
2000 Census |
|
|
Total Population: |
||||||
|
Percent Change: |
||||||
|
Age Distribution |
||||||
|
Under 5 years: |
8,217 |
7,986 |
140,022 |
|||
|
5 to 9 years: |
8,338 |
142,385 |
||||
|
10 to 14 years: |
8493 |
143,728 |
||||
|
15 to 19 years: |
8350 |
147,923 |
||||
|
20 to 24 years: |
7,884 |
150,014 |
||||
|
25 to 34 years: |
16,574 |
274,514 |
||||
|
35 to 44 years: |
17,682 |
246,450 |
||||
|
45 to 54 years: |
21,243 |
277,343 |
||||
|
55 to 59 years: |
||||||
|
60 to 64 years: |
24,501 |
266,439 |
||||
|
65 to 74 years: |
16,033 |
170,263 |
||||
|
75 to 84 years: |
6,786 |
91,142 |
||||
|
85 years and over: |
2,599 |
33,826 |
||||
|
Females 15 – 44 years: |
||||||
|
Gender |
||||||
|
Male: |
71,32 |
63, 246 |
1,029,757 |
|||
|
Female: |
73,913 |
66,064 |
1,050,328 |
|||
|
Median Age: |
43.90 |
36.80 |
37.40 |
|||
|
Data |
Community |
State |
United States |
|||
|
2010 Census |
2000 Census |
2010 Census |
2000 Census |
2010 Census |
2000 Census |
|
|
Racial & Ethnic Composition |
||||||
|
Hispanic: |
74, 650 |
63,405 |
978,189 |
|||
|
White (Non-Hispanic): |
47,394 |
543,687 |
||||
|
African-American: |
1,097 |
826 |
42,515 |
|||
|
Asian/Pacific Islander: |
1,675 |
1,672 |
28,578 |
|||
|
Socioeconomic Status |
||||||
|
Median Household Income: |
||||||
|
Persons Below 100% of Poverty Level: |
||||||
|
Persons Below 200% of Poverty Level: |
||||||
|
Households with Social Security Income: |
32.48% |
30.93% |
29.33% |
|||
|
Households with Public Assistance Income: |
2.18% |
2.72% |
2.82% |
|||
|
Unemployed Persons 16 & Older: |
8.94% |
9.58% |
9.17% |
|||
|
High School Graduates 25 Years & Older: |
||||||
|
College Graduates 25 Years & Older: |
||||||
In: Operations Management
Each entry-level software programmer in Palo Alto, California, has either high or low ability. All potential employers value a high-ability worker at $12,000 per month and a low-ability worker at $6,000. The supply of high ability workers is Qh = 0.1(W - 7,000) and the supply of low-ability workers is Ql= 0.1(W - 2,000), where W is the monthly wage.
a) If workers’ abilities are observable to employers, how many workers of each type will employers hire?
b) If workers’ abilities are not observed by employers, how many workers of each type will employers hire?
c) Identify the deadweight loss due to asymmetric information?
In: Economics
Disgruntled employees can be a significant source of problems for any company as we indicate in this problem. Andi Boyd is a very accomplished computer programmer, but she had a grudge against the company because she did not get a promotion that she thought she deserved. She decided to take out her anger on the company by coding a special routine in the mortgage loan program that erased a small, random number of accounts on the disk file every time the program was run. The company did not detect this malicious code until nearly half of all of the mortgage records were erased. In your opinion, what controls should the company have implemented to mitigate such a problem.
In: Accounting