Questions
Check out the World Bank's Innovation Policy Platform. Select a country to analyze (other than the...

Check out the World Bank's Innovation Policy Platform. Select a country to analyze (other than the U.S.!). How is their culture of innovation? Does the country have the correct institutions to enable and encourage innovation? What policies have they passed recently to change things?

In: Finance

The following information relates to the debt investments to Mayor Company on 2020. 1. On January...

The following information relates to the debt investments to Mayor Company on 2020.

1. On January 1, Purchased 100, $1,000 Mirror Corp. 10% bonds for $100,000 (at 100). Interest is payable on July 1 and January 1.

2. On April 1, Purchased 80, $1,000 Bondi Inc 9% bonds for $80,000 (at 100). Interest is payable on April 1 and October 1.

3. On July 1, semiannual interest is received.

4. On October 1, semiannual interest is received.

5. On October 1, Sold 30 Bondi Inc. bonds for $34,000 after receiving the interest due.

6. On December 31, accrued semiannual interest on Mirror Corp. and Bondi Inc bonds.

7. On December 31, the fair value of Mirror Corp. and Bondi Inc bonds are 102 and 101, respectively (102 means fair value=102% of par value). Mayor Company doesn’t have debt investment before 2020.

Instructions

(a) Prepare any journal entries you consider necessary, including year end entries (December 31), assuming these investments are managed to profit from changes in market interest rates (held for trading). Mayor Company doesn’t have debt investment before 2020.

(b) Prepare a partial statement of financial position showing the Investment account at December 31, 2020.

(c) If Mayor Company purchase the debt investment to collect the contractual cash flow (held the debt investment to maturity), explain how the journal entries would differ from those in part (a).

In: Accounting

PROBLEM 1 The following information relates to the debt investments to Mayor Company on 2020. On...

PROBLEM 1

The following information relates to the debt investments to Mayor Company on 2020.

  1. On January 1, Purchased 100, $1,000 Mirror Corp. 10% bonds for $100,000 (at 100). Interest is payable on July 1 and January 1.
  2. On April 1, Purchased 80, $1,000 Bondi Inc 9% bonds for $80,000 (at 100). Interest is payable on April 1 and October 1.
  3. On July 1, semiannual interest is received.
  4. On October 1, semiannual interest is received.
  5. On October 1, Sold 30 Bondi Inc. bonds for $34,000 after receiving the interest due.
  6. On December 31, accrued semiannual interest on Mirror Corp. and Bondi Inc bonds.
  7. On December 31, the fair value of Mirror Corp. and Bondi Inc bonds are 102 and 101, respectively (102 means fair value=102% of par value). Mayor Company doesn’t have debt investment before 2020.

Instructions

  1. Prepare any journal entries you consider necessary, including year end entries (December 31), assuming these investments are managed to profit from changes in market interest rates (held for trading). Mayor Company doesn’t have debt investment before 2020.
  2. Prepare a partial statement of financial position showing the Investment account at December 31, 2020.
  3. If Mayor Company purchase the debt investment to collect the contractual cash flow (held the debt investment to maturity), explain how the journal entries would differ from those in part (a).

In: Accounting

note : all three bits should be answered under 500 word limit 1.a) Describe what is...

note : all three bits should be answered under 500 word limit
1.a) Describe what is the difference between innovation and invention.

1.b) Describe the different types of innovation usually identified by economic
and business studies.

1.c) Innovation has been frequently described in formal mathematical models as
a linear process. Do you agree with this view? Articulate your answer by
considering the major properties of the innovation process

In: Economics

After identifying one's leadership values (Accountability, Caring, Compassion, Collaboration, Compassion, Collaboration, Proactivity, Innovation, Loyalty, Relationships, Reliability,...

After identifying one's leadership values (Accountability, Caring, Compassion, Collaboration, Compassion, Collaboration, Proactivity, Innovation, Loyalty, Relationships, Reliability, Teamwork). Explain how identifying these values affect one's leadership brand that produces the right result as a leader, develops strong connections with others, and inhibits negative impacts from derailing one's relationships?

In: Psychology

Draw up an income statement and a balance sheet for NearPerfect for 2009 and 2010. The tax rate is 34%.

After-class Task #1

Financial Statements

Use the information for NearPerfect Co. to work the problems.

                                       2009               2010

Sales                          $1,145            $1,200

Depreciation                   128                 128

Cost of goods sold        450                 537

Other expenses             110                    98

Interest                              85                    96

Cash                                640                 735

Receivables                    912                 967

Notes payable                122                 103

Long-term debt           2,349              2,666

Net fixed assets          5,556              5,637

Accounts payable          664                 659

Dividends                        100                 110

Inventory                      1,440              1,489

  1. Draw up an income statement and a balance sheet for NearPerfect for 2009 and 2010. The tax rate is 34%.
  1. For 2010, calculate NearPerfect’s cash flow from assets, cash flow to bondholders, and cash flow to stockholders.

In: Accounting

Consider a closed economy (an autarky). The equilibrium price of computers in this autarky is equal...

Consider a closed economy (an autarky). The equilibrium price of computers in this autarky is equal to $1,000. Suppose that the world price of computers is equal to $800.

  1. Show the consumer surplus, producer surplus, equilibrium price and quantity traded for the closed economy in part-a in the market for computers.
  1. Now suppose this closed economy opens up to international trade. Now show the consumer surplus, producer surplus, equilibrium price and quantity traded. Also make sure to show the exports / imports of the newly opened economy.

  1. What happened to consumer surplus, producer surplus, equilibrium price and quantity traded after this economy opened up to international trade?
  1. Suppose the policy makers in the newly opened economy are concerned about the welfare of computer producers. Hence, they decide to impose a 30% tariff (a tax on imports) on imported computers. Show the price of computers in the newly opened economy after the tariff is imposed. Show the consumer surplus, producer surplus, equilibrium price and quantity traded after the tariff is imposed. Also make sure to show the government’s tariff revenue.

In: Economics

Discuss the strategies that a programmer can use for deciding when to air a new television...

Discuss the strategies that a programmer can use for deciding when to air a new television show. Use any relevant examples if suitable in media studies

In: Economics

Subject: innovation and technology mangement Case 2 – Mobile Ads According to eMarketer, mobile ads will...

Subject: innovation and technology mangement

Case 2 – Mobile Ads

According to eMarketer, mobile ads will top 100 and it accounts for about 16.5 percent of total advertising spending in 2016. The top five spenders of mobile ads are the United States, China, the United Kingdom, Japan and Germany. This number is expected to increase as the worldwide adoption of smartphones continue to grow. In 2015, there were about 2.6 billion smartphone users. This number is expected to top 6.1 billion globally by 2020.

Businesses are increasingly using mobile ads. Location data from mobile devices is the key element for a successful mobile ad campaign. Facebook and Google are two biggest players that generate the highest revenue from mobile ads. PlaceIQ, a technology form headquartered in New York city collects billions of data points from mobile devices and other sources and is able tract potential customers as they move from one retail location to another retail location – such as from one car dealership to another. PlaceIQ is also able to help businesses find out if the ads can translate to an actual visit by a customer. In addition to its huge data set for business, PlaceIQ also offers location data and analytics tools to businesses and allows them to do their own advertising.

Audi is using the Place IQ data to measure how many potential customers will visit its dealerships before and after they have seen ads. They also want to target potential customers who are visiting their competitors’ showrooms. Stacom Media Group is using PlaceIQ in order to find out how mobile location data can be helpful and eventually attract more customers to a business.

Questions:

a)     By 2020 how many smartphones will be existing globally?

b)    Who are the two leading companies that generate the biggest revenue from mobile ads?

c)     How PlaceIQ impact businesses?

d)    Why is Audi using the services offered by PlaceIQ?

e)    Your overall observation and learning from the above case study.

In: Computer Science

The following facts relate to Sunland Corporation. 1. Deferred tax liability, January 1, 2020, $33,900. 2....

The following facts relate to Sunland Corporation.
1. Deferred tax liability, January 1, 2020, $33,900.
2. Deferred tax asset, January 1, 2020, $11,300.
3. Taxable income for 2020, $118,650.
4. Cumulative temporary difference at December 31, 2020, giving rise to future taxable amounts, $259,900.
5. Cumulative temporary difference at December 31, 2020, giving rise to future deductible amounts, $107,350.
6. Tax rate for all years, 20%. No permanent differences exist.
7. The company is expected to operate profitably in the future.
Compute the amount of pretax financial income for 2020.
Pretax financial income $
Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2020. (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

Prepare the income tax expense section of the income statement for 2020, beginning with the line “Income before income taxes.” (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
Sunland Corporation
Income Statement (Partial)

December 31, 2020For the Year Ended December 31, 2020For the Quarter Ended December 31, 2020

CurrentDeferredDividendsExpensesIncome before Income TaxesIncome Tax ExpenseNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues

$

CurrentDeferredDividendsExpensesIncome before Income TaxesIncome Tax ExpenseNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues

    Current    Deferred    Dividends    Expenses    Income before Income Taxes    Income Tax Expense    Net Income / (Loss)    Retained Earnings, January 1    Retained Earnings, December 31    Revenues    Total Expenses    Total Revenues    

$

    Current    Deferred    Dividends    Expenses    Income before Income Taxes    Income Tax Expense    Net Income / (Loss)    Retained Earnings, January 1    Retained Earnings, December 31    Revenues    Total Expenses    Total Revenues    

CurrentDeferredDividendsExpensesIncome before Income TaxesIncome Tax ExpenseNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues

$
Compute the effective tax rate for 2020. (Round answer to 0 decimal places, e.g. 25%)
Effective tax rate %
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In: Accounting