Questions
What are the best arguments for awarding a "property right" specifically a patent, to the discoverer...

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.

In: Economics

Can you think of an example of a successful a) first mover, b) early follower, and...

Can you think of an example of a successful a) first mover, b) early follower, and c) late entrant? Can you think of unsuccessful examples of each? 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 the examples.

Subject: Management of Technological Innovation

Thanks

In: Operations Management

Create a balanced scorecard for Tesla for 4 key areas : 1.Financial Strength – Profitability and...

Create a balanced scorecard for Tesla for 4 key areas :

1.Financial Strength – Profitability and Risk.

2. Customer Satisfaction – Value Creation and Product/Service Differentiation Over Competition.

3. Internal Business Processes Effectiveness – Internal and External Activities That Create Satisfaction For All Stakeholders.

4.Ongoing Innovation Focus – Continual Product/Service Improvement As Well As Continual Value Creation.

In: Operations Management

During the 20th century, what role did changes in innovation, technology, and communication play: in the...

  1. During the 20th century, what role did changes in innovation, technology, and communication play:
  • in the decline of agriculture’s relative size (in terms of # of jobs) while simultaneously allowing for agricultural production to significantly increase?
  • in the decline of manufacturing’s relative size, (in terms of # of jobs) resulting in a fourfold increase in the amount of manufactured goods with only a 20% increase in manufacturing employment?
  • growth in the services sector?
  • growth in international trade?

In: Economics

Explain in detail how operating in equilibrium prevented a company from successfully implementing business transformation there...

Explain in detail how operating in equilibrium prevented a company from successfully implementing business transformation there by causing its demise. and also explain the below listed 3 types of state equilibrium in detail separately in terms organization change and development.

the state equilibrium sometimes results in

  • Difficulty in change management
  • Inhibition to take risk
  • Lack of innovation
  • Lack of business Diversification thoughts and analysis

In: Operations Management

Soda accounts for 50% of Coke’s revenue. True or false? Marshalls and Homegoods are under one...

  1. Soda accounts for 50% of Coke’s revenue. True or false?
  2. Marshalls and Homegoods are under one company. True or false?
  3. The Edge is a smart building in Germany. True or false?
  4. General Electric quickworks approach is a special kind of results-driven change. True or false?
  5. “Tricorder” scans people’s health for 3 conditions. True or false?
  6. There are parts of S-Curves that overlap in technological innovation. True or false?

In: Operations Management

On July 31, 2020, Ivanhoe Company paid $2,750,000 to acquire all of the common stock of...

On July 31, 2020, Ivanhoe Company paid $2,750,000 to acquire all of the common stock of Conchita Incorporated, which became a division (a reporting unit) of Ivanhoe. Conchita reported the following balance sheet at the time of the acquisition.

Current assets

$830,000

Current liabilities

$550,000

Noncurrent assets

2,450,000

Long-term liabilities

450,000

   Total assets

$3,280,000

Stockholders’ equity

2,280,000

   Total liabilities and stockholders’ equity

$3,280,000


It was determined at the date of the purchase that the fair value of the identifiable net assets of Conchita was $2,425,000. Over the next 6 months of operations, the newly purchased division experienced operating losses. In addition, it now appears that it will generate substantial losses for the foreseeable future. At December 31, 2020, Conchita reports the following balance sheet information.

Current assets

$400,000

Noncurrent assets (including goodwill recognized in purchase)

2,160,000

Current liabilities

(600,000

)

Long-term liabilities

(400,000

)

   Net assets

$1,560,000


Finally, it is determined that the fair value of the Conchita Division is $1,850,000.

(1) Compute the amount of goodwill recognized, if any, on July 31, 2020. (If answer is zero, do not leave answer field blank. Enter 0 for the amount.)

  

  

(2)Determine the impairment loss, if any, to be recorded on December 31, 2020. (If answer is zero, do not leave answer field blank. Enter 0 for the amount.)

  

  

(3)Assume that fair value of the Conchita Division is $1,490,000 instead of $1,850,000. Determine the impairment loss, if any, to be recorded on December 31, 2020. (If answer is zero, do not leave answer field blank. Enter 0 for the amount.)

  

  

(4)Prepare the journal entry to record the impairment loss, if any, and indicate where the loss would be reported in the income statement. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Account Titles and Explanation

Debit

Credit

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

This loss will be reported in income as a separate line item before the subtotal

In: Accounting

Question 4 Your answer is partially correct. Try again. The condensed financial statements of Wildhorse Co....

Question 4

Your answer is partially correct. Try again.

The condensed financial statements of Wildhorse Co. for the years 2019 and 2020 are presented below.

WILDHORSE CO.
Balance Sheets
December 31 (in thousands)

2020

2019

Current assets
   Cash and cash equivalents

$330

$360

   Accounts receivable (net)

550

480

   Inventory

660

590

   Prepaid expenses

130

160

     Total current assets

1,670

1,590

Property, plant, and equipment (net)

410

380

Investments

90

90

Intangibles and other assets

530

510

     Total assets

$2,700

$2,570

Current liabilities

$900

$870

Long-term liabilities

680

580

Stockholders’ equity—common

1,120

1,120

     Total liabilities and stockholders’ equity

$2,700

$2,570

WILDHORSE CO.
Income Statements
For the Year Ended December 31 (in thousands)

2020

2019

Sales revenue

$4,000

$3,660

Costs and expenses
   Cost of goods sold

1,050

970

   Selling & administrative expenses

2,400

2,330

   Interest expense

10

20

     Total costs and expenses

3,460

3,320

Income before income taxes

540

340

Income tax expense

216

136

Net income

$ 324

$ 204


Compute the following ratios for 2020 and 2019. (Round current ratio and inventory turnover to 2 decimal places, e.g 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 12.6%.)

(a) Current ratio.
(b) Inventory turnover. (Inventory on December 31, 2018, was $350.)
(c) Profit margin.
(d) Return on assets. (Assets on December 31, 2018, were $2,780.)
(e) Return on common stockholders’ equity. (Equity on December 31, 2018, was $980.)
(f) Debt to assets ratio.
(g) Times interest earned.

2020

2019

(a) Current ratio. :1 :1
(b) Inventory turnover.
(c) Profit margin. % %
(d) Return on assets. % %
(e) Return on common stockholders’ equity. % %
(f) Debt to assets ratio. % %
(g) Times interest earned. times times

In: Accounting

The condensed financial statements of Murawski Company for the years 2019 and 2020 are presented follows....

The condensed financial statements of Murawski Company for the years 2019 and 2020 are presented follows. (Amounts in thousands.)

MURAWSKI COMPANY
Balance Sheets
December 31

2020

2019

Current assets
    Cash and cash equivalents $ 346 $ 370
    Accounts receivable (net) 406 442
    Inventory 392 470
    Prepaid expenses 150 146
      Total current assets 1,294 1,428
Investments 12 12
Property, plant, and equipment 390 418
Intangibles and other assets 502 528
      Total assets $2,198 $2,386
Current liabilities $ 770 $ 900
Long-term liabilities 360 416
Stockholders’ equity—common 1,068 1,070
      Total liabilities and stockholders’ equity $2,198 $2,386

MURAWSKI COMPANY
Income Statements
For the Years Ended December 31

2020

2019

Sales revenue $3,970 $3,800
Costs and expenses
    Cost of goods sold 888 976
    Selling & administrative expenses 2,350 2,414
    Interest expense 24 18
      Total costs and expenses 3,262 3,408
Income before income taxes 708 392
Income tax expense 178 89
Net income $ 530 $ 303



Compute the following ratios for 2020 and 2019. (Round current ratio and invertory turnover ratio to 2 decimal places, e.g. 1.62 or 1.62% and all other answers to 1 decimal place, e.g. 1.6 or 1.6%.)

(a) Current ratio.
(b) Inventory turnover. (Inventory on 12/31/18 was $318.)
(c) Profit margin ratio.
(d) Return on assets. (Assets on 12/31/18 were $1,880.)
(e) Return on common stockholders’ equity. (Stockholders' equity on 12/31/18 was $880.)
(f) Debt to assets ratio.
(g) Times interest earned.

2020

2019

(a) Current ratio :1 :1
(b) Inventory turnover times times
(c) Profit margin ratio % %
(d) Return on assets % %
(e) Return on common stockholders’ equity % %
(f) Debt to assets ratio % %
(g) Times interest earned times times

In: Accounting

Example Company Balance Sheet December 31, 2019 and 2020 Example Company Income Statment For Year Ended...

Example Company

Balance Sheet

December 31, 2019 and 2020

Example Company

Income Statment

For Year Ended December 31, 2020

2019 2020 2020
Assets    Sales 873,252
Current Assets Cost of Goods Sold 192,075
Cash 976 233 Gross Margin 681,177
Accounts Recievable 890 278
Allowance for Doubtful Accounts (155) (40) EXPENSES
Investment in Bonds 1 171 Bad Debt 328
Inventories 285 540 Depreciation 66,337
Prepaid expenses 153 32 Other 608,253
Interest Receivable 930 216 TOTAL EXPENSES 674,918
Total Current Assets 3,080 1,430 Operating Income 6,259
Interest INcome 36
Property, Plant, and Equiptment 48,598 311,456 Interest Expense (732)
Less Accumulated Depreciation 21,282 37,664 Capital gain (Loss) on disposal of PP&E 643
Property, Plant, and Equiptment, net 27,316 273,792 Net income before taxes 6,206
TOTAL ASSETS 30,396 275,222 Income Tax Expense 1,405
LIABILITIES    Net INcome 4,801
Current Liabilities
Notes PAyable 9,868 8,409
Accounts Payable 321 828
Accured Liabilities 19 406
Accured Interest 213 732
Income Taxes Payble 12 755
Current Portion of Long Term Debt 171 397
Total Current Liabilites 10,604 11,527
Long Term Liabilities
Long term debt, net of current protion 2,052 250,525
TOTAL LIABILITIES 12,656 262,052
STOCKHOLDERS EQUITY
Common Stock 78 163
Additional Paid in Captial 339 709
Retained Earnings 17,323 12,298
Total Stockholders Equity 17,740 13,170
Total Liabilities and Stockholders Equity 30,396 275,222

Proceeds from the sale of capital assets for 2020 are $16,000

A. Prepare the Cash Flow Statement

B. Prepare the Reconciliation of net income to net cash flow from operations balances to net cash flow from operations in the basic statement

C. calculate the purchases of fixed assets

In: Accounting