Questions
Computerplus company already paid $6 dividend per share this year and expects the dividends to grow...

Computerplus company already paid $6 dividend per share this year and expects the dividends to grow 10% annually for the next four years and 7% annually thereafter. If the company decides to invest in a new technology, it estimates that the dividends will not increase for the next 5 years but the growth rate of the dividends will be 11% thereafter. Required rate of return for the stock is 17%. In order to maximize the shareholder value, should the company invest in the new technology or not?

In: Finance

In 800 words describe the digital signatures and certifying authorities including their relation to RSA Public...

In 800 words describe the digital signatures and certifying authorities including their relation to RSA Public and Private Key encryption.mathematics behind the technology, what are the major recognized authorities, and the likely future for this technology/business practice. Include digital signatures and certifying authorities including their relation to RSA Public and Private Key encryption. Please type

A. Describe how its use in large companies

B Compare the laws USA and other countries

In: Computer Science

Imagine that a company has developed an advanced technology that allows it to reduce its data...

Imagine that a company has developed an advanced technology that allows it to reduce its data center requirements by an unprecedented amount, and creates a competitive advantage for the company in the data center market. Why should it share that technology with other data center firms? If this firm does not share its techniques, the rest of the industry will continue to operate less efficient centers, and increase global emissions of green house gases above what they would otherwise be.

In: Computer Science

Answer one of the following questions in essay form. Your submission should be at least one...

Answer one of the following questions in essay form. Your submission should be at least one page long.
The essay is worth 10 points.

Topic: Addiction Choose one Essay Topic for 10 points

Are you addicted to technology? Does your use of technology negatively affect your daily life?

Is there addiction in your family? Do you want to share your experience with addiction in family member's or friend's life?

In: Psychology

George Flynt and Stan Hefner were the only two members of Sunshine Landscaping, LLC, a limited...

George Flynt and Stan Hefner were the only two members of Sunshine Landscaping, LLC, a limited liability company organized for the purpose of providing lawn care and landscaping services. Stan regularly took care of all the finances for the company, and George regularly performed the work for clients, though neither had specific duties. George met with clients, quoted them fees, obtained all the tools and products necessary to perform the job, and completed the service for the client. Stan paid the bills and invoiced clients, but sometimes when Stan was on vacation, George would take over the finances while he was away. However, when George was on vacation, the business would be closed for the week because Stan did not want to perform the service work himself. Sunshine Landscaping had regular accounts with all the local plant nurseries. Normally, George would place an order for plants, Sunshine Landscaping would be invoiced by the nursery, and then Stan would pay the invoice. One day Mary, a customer of Sunshine Landscaping, asked the company to remove from her property a large tree which was touching some power lines. George surveyed the property and could see that, indeed, the tree was dangerously close to the power lines and, because the houses were so close together, there was no place for the tree to fall if he cut it down. He knew the job would be too big for Sunshine Landscaping and would require special skill which neither he nor Stan had. He considered advising Mary to contact a tree removal company, but then decided to accept the job, hire a tree removal company as a subcontractor, and then upcharge Mary 10 percent for acting as the general contractor. He emailed Tree Down, a company specializing in tree removal, via the company’s contact form online. George provided his cell phone number, his business email address, and stated “I need to get a quote to have a tree removed at 203 Main Street. Please provide me with an estimated cost.” That afternoon, Tree Down sent George the following estimate: Eager to get the project underway, George signed the estimate “George Flynt” above the customer signature line and immediately emailed it back to the company. George called Mary to tell her the cost would be $4,400, and Mary immediately put a check in the mail to Sunshine Landscaping for the full amount. Several days later, Tree Down cut down the tree, hauled it away, and invoiced George Flynt at the email address he provided on the contact form. George printed the email and invoice and then handed it to Stan. Stan put the invoice on a pile of other bills without looking at it. Several weeks later, Stan proposes to George, “We have so many bills for the business, and we aren’t making enough to pay them and pay ourselves a decent amount. Let’s just file for bankruptcy for this business. We can get out of paying all these bills and then start a new landscaping company.” George disagreed with Stan’s proposal and disliked how Stan handled business matters generally, so George decided to withdraw as a member of the LLC. There was no operating agreement in place for the management of the LLC, so George and Stan decided to write a separation agreement as follows: A month goes by and having not yet been paid, Tree Down initiated an action against George Flynt, personally, for $4,000. Upset, George starts researching the law and discovers the following state statute: “§301 Each member of a Limited Liability Company is an agent of the company for the purpose of its business and the member’s acts for apparently carrying on in the ordinary course of the company’s business binds the company, unless the member lacked the authority to act and the third party knew or should have known that the member lacked authority.” Group Work/Role Play:

1. Gather into small groups and pretend you are the owners of Tree Down. Come up with the best legal argument for holding George and Sunshine Landscaping, LLC, each individually liable for the $4,000. What facts support your legal argument?

In: Operations Management

A proprietorship commenced operations on May​ 1,2020 and will have a calendar fiscal year. On June​...

A proprietorship commenced operations on May​ 1,2020 and will have a calendar fiscal year. On June​ 1, 2020​, the proprietorship acquired goodwill for $60,000.

What is the maximum CCA deduction of the goodwill for the year 2020​?

In: Accounting

CONTINUING CASE STUDY UPDATED ON DECEMBER 5, 2019 BY ANDREW THOMPSON Google LLC’s (formerly Google, Inc.)...

CONTINUING
CASE STUDY

UPDATED ON DECEMBER 5, 2019 BY ANDREW THOMPSON

Google LLC’s (formerly Google, Inc.) strategic choices directly relate with the nature of its
business and the characteristics of the industry. The company’s generic strategy is an
overarching influence on what the business does and its competitive advantages against
other firms in the online advertising market, such as Facebook Inc., Yahoo! (subsidiary of
Oath, which is a subsidiary of Verizon Communications, Inc.), Snap Inc. (Snapchat), Twitter
Inc., and Amazon.com Inc. On the other hand, Google’s intensive growth strategies help
support the company in keeping its position as one of the most valuable brands in the
world. For example, continuous improvement of products ensures that the business
maintains its share of the online market. Through its generic strategy, the company has
become a major player influencing the competitive landscape and development of the
online advertising industry, as well as other that depend on the Internet. The combination of
Google’s intensive strategies and its generic competitive strategy is effective in satisfying
the firm’s needs for continued business growth and leadership in the global industry.
Google LLC uses its generic strategy (based on Michael E. Porter’s model) to address the
external forces that influence the industry environment. These forces determine how the
business fulfills its goals. The Porter’s Five Forces analysis of Google LLC shows that the
competitive landscape imposes a strong force on the business. The company extensively
applies the intensive growth strategies of market penetration to ensure growth despite
competitive forces. The other strategies (market development, product development, and
diversification) also support the Google’s growth.
Google LLC’s Generic Competitive Strategy (Porter’s Model)
Google’s generic strategy, based on Michael Porter’s model, is differentiation. This generic
competitive strategy involves a broad market scope. The company offers products to
everyone around the world. The generic competitive strategy of differentiation involves
developing certain unique capabilities that make the business competitive. Google sets
itself apart from competitors through the uniqueness of its products. For example, such
uniqueness is achieved through innovation. Innovation adds to the competitive strengths
identified in the SWOT analysis of Google LLC. The increasing variety of products, inclusive
of Search, operating systems, desktop and mobile applications, and hardware, is a
manifestation of this innovation under the company’s differentiation generic strategy. The
Google Search algorithm also evolves over time to ensure competitive advantage against
Yahoo! and Bing, among others.
The generic strategy of differentiation means that Google LLC must maintain its competitive
advantage based on uniqueness. It is of critical importance for the firm to continue
innovating. A corresponding strategic objective is to develop new products or continue
improving existing products. In this way, Google will be able to keep its competitive
advantages in using the differentiation generic competitive strategy in the face of strong and
aggressive competition from other technology firms.
Google LLC’s Intensive Growth Strategies (Ansoff’s Matrix)
Market Penetration (Primary). Google primarily relies on market penetration as its
intensive growth strategy, especially outside the United States. The strategic objective is to
acquire more customers from the firm’s current markets. In the United States, the company
already has a leadership position. However, in other countries, such as China, Google
directly competes against other large search engines and online advertising firms. Thus, in
the market penetration intensive strategy for growth, the company continues to strive for a
bigger share of the global online advertising market. This intensive strategy determines how
Google uses its marketing mix or 4P to grow the business. Also, the generic strategy of
differentiation ensures competitive products that enable competitiveness in penetrating
markets and increase the company’s market share, especially in the market for online
platforms used for digital advertising.
Product Development (Secondary). The product development intensive strategy for
growth is applied as a secondary strategic approach through Google’s innovation. The
strategic objective is to develop products to increase revenues. Innovation is at the core of
the company, considering its technological nature. Google LLC’s organizational culture
promotes innovation among employees. This intensive growth strategy involves new
products or product lines, such when the company introduces new mobile apps. Also, the
business uses this intensive strategy to grow revenues when introducing new products like
Pixel smartphones, tablets and laptops. In addition, external factors such as those identified
in the PESTEL/PESTLE analysis of Google LLC help guide product development in this
case. The company continues to develop new products, such as cloud services, mobile
applications, and new Pixel devices. Through the intensive growth strategy of product
development, Google creates more channels for income generation. The differentiation
generic competitive strategy is integrated into product design and development processes
to support the company’s competitive advantage.
Market Development (Supporting). Google LLC also uses the market development
intensive strategy for growth. In market development, the company’s objective is to attract
customers in new market segments through new uses of current products. In this case of
Google, for example, this intensive growth strategy is applied by offering new uses of
current online services, such as in offering cloud services as new tools for application
programmers, in addition to current uses of the services. Thus, using the market
development intensive strategy for growth, Google aims to offer its products to more areas
worldwide. The differentiation generic competitive strategy provides the product
competitiveness needed to support the effective implementation of market development.
Diversification (Supporting). The diversification is used as a supporting intensive growth
strategy in Google’s business. The objective in this intensive strategy is to achieve growth
through new businesses, especially in other markets or industries where the company has
insignificant or absent operations. In this case, an example is Google’s 2006 acquisition of
Youtu*e to establish significant presence in the video hosting service market, and expand
the company’s online advertising presence. Any more to diversify the business affects
Google’s organizational structure. For instance, newly acquisitions require changes in the
company’s corporate structure to ensure seamless integration. The diversification intensive
strategy is supported through the company’s differentiation generic strategy, which ensures
competitive advantage in establishing or entering new businesses.
Strategic Analysis & Recommendation for Google LLC
Google’s generic strategy of differentiation, based on Michael E. Porter’s model, contributes
to the company’s leadership in the market. For example, highly effective services ensure a
leading share of the digital advertising market. Such leadership is important in satisfying
Google’s mission statement and vision statement. The combination of the intensive growth
strategies of market penetration, market development, and product development also
contributes to the capability of Google to maintain its leadership position, which in turn
empowers the company to maintain its financial viability.
A suitable recommendation for Google LLC is to focus its efforts, especially in the area of
product development. The company has been criticized for engaging in seemingly disparate
product development efforts in different industries and markets. Through its intensive
growth strategies and generic competitive strategy, Google’s wide variety of products helps
in building its dominance in the global market. However, to improve its strategic alignment,
Google can first focus on ensuring the profitability of more of its current products before
entering new businesses.

Question: Use a quantitative strategic planning matrix (QSPM) to objectively evaluate Google LLC’s generic competitive strategy and intensive growth strategies

In: Economics

The following information is available for Whispering Corporation for 2020. 1. Depreciation reported on the tax...

The following information is available for Whispering Corporation for 2020.
1. Depreciation reported on the tax return exceeded depreciation reported on the income statement by $124,000. This difference will reverse in equal amounts of $31,000 over the years 2021–2024.
2. Interest received on municipal bonds was $9,600.
3. Rent collected in advance on January 1, 2020, totaled $59,700 for a 3-year period. Of this amount, $39,800 was reported as unearned at December 31, 2020, for book purposes.
4. The tax rates are 40% for 2020 and 35% for 2021 and subsequent years.
5. Income taxes of $333,000 are due per the tax return for 2020.
6. No deferred taxes existed at the beginning of 2020.
Compute taxable income for 2020.
Taxable income for 2020 $enter Taxable income for 2020 in dollars

SHOW LIST OF ACCOUNTS

Compute pretax financial income for 2020.
Pretax financial income for 2020 $enter Pretax financial income for 2020 in dollars

SHOW LIST OF ACCOUNTS

Prepare the journal entries to record income tax expense, deferred income taxes, and income taxes payable for 2020 and 2021. Assume taxable income was $1,063,000 in 2021. (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.)

Date

Account Titles and Explanation

Debit

Credit

2020

enter an account title enter a debit amount enter a credit amount
enter an account title enter a debit amount enter a credit amount
enter an account title enter a debit amount enter a credit amount
enter an account title enter a debit amount enter a credit amount

2021

enter an account title enter a debit amount enter a credit amount
enter an account title enter a debit amount enter a credit amount
enter an account title enter a debit amount enter a credit amount
enter an account title enter a debit amount enter a credit amount

SHOW LIST OF ACCOUNTS

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

choose the accounting period

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

select an income statement item

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

$enter a dollar amount
select an opening section name

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

select an income statement item

    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    

$enter a dollar amount
select an income statement item

    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    

enter a dollar amount
enter a subtotal of the two previous amounts
select a closing name for this statement

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

$enter a total net income or loss amount
Click if you would like to Show Work for this question:

Open Show Work

In: Accounting

Problem 22-02 Marin Company is in the process of preparing its financial statements for 2020. Assume...

Problem 22-02

Marin Company is in the process of preparing its financial statements for 2020. Assume that no entries for depreciation have been recorded in 2020. The following information related to depreciation of fixed assets is provided to you.
1. Marin purchased equipment on January 2, 2017, for $80,500. At that time, the equipment had an estimated useful life of 10 years with a $4,500 salvage value. The equipment is depreciated on a straight-line basis. On January 2, 2020, as a result of additional information, the company determined that the equipment has a remaining useful life of 4 years with a $2,700 salvage value.
2. During 2020, Marin changed from the double-declining-balance method for its building to the straight-line method. The building originally cost $280,000. It had a useful life of 10 years and a salvage value of $28,000. The following computations present depreciation on both bases for 2018 and 2019.

2019

2018

Straight-line $25,200 $25,200
Declining-balance 44,800 56,000
3. Marin purchased a machine on July 1, 2018, at a cost of $130,000. The machine has a salvage value of $20,000 and a useful life of 8 years. Marin’s bookkeeper recorded straight-line depreciation in 2018 and 2019 but failed to consider the salvage value.
Prepare the journal entries to record depreciation expense for 2020 and correct any errors made to date related to the information provided. (Ignore taxes.) (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.)

No.

Account Titles and Explanation

Debit

Credit

1.
2.
3.

(To record current year depreciation.)

(To correct prior year depreciation.)

Show comparative net income for 2019 and 2020. Income before depreciation expense was $320,000 in 2020, and was $300,000 in 2019. (Ignore taxes.)

MARIN COMPANY
Comparative Income Statements
For the Years 2020 and 2019

2020

2019

Income before depreciation expense $ $
Depreciation expense
Net income $ $

In: Accounting

Question 1 Shamrock Company is in the process of preparing its financial statements for 2020. Assume...

Question 1

Shamrock Company is in the process of preparing its financial statements for 2020. Assume that no entries for depreciation have been recorded in 2020. The following information related to depreciation of fixed assets is provided to you.
1. Shamrock purchased equipment on January 2, 2017, for $86,700. At that time, the equipment had an estimated useful life of 10 years with a $4,700 salvage value. The equipment is depreciated on a straight-line basis. On January 2, 2020, as a result of additional information, the company determined that the equipment has a remaining useful life of 4 years with a $3,100 salvage value.
2. During 2020, Shamrock changed from the double-declining-balance method for its building to the straight-line method. The building originally cost $310,000. It had a useful life of 10 years and a salvage value of $31,000. The following computations present depreciation on both bases for 2018 and 2019.

2019

2018

Straight-line $27,900 $27,900
Declining-balance 49,600 62,000
3. Shamrock purchased a machine on July 1, 2018, at a cost of $120,000. The machine has a salvage value of $18,000 and a useful life of 8 years. Shamrock’s bookkeeper recorded straight-line depreciation in 2018 and 2019 but failed to consider the salvage value.
Prepare the journal entries to record depreciation expense for 2020 and correct any errors made to date related to the information provided. (Ignore taxes.) (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.)

No.

Account Titles and Explanation

Debit

Credit

1.
2.
3.

(To record current year depreciation.)

(To correct prior year depreciation.)

Show comparative net income for 2019 and 2020. Income before depreciation expense was $280,000 in 2020, and was $320,000 in 2019. (Ignore taxes.)

SHAMROCK COMPANY
Comparative Income Statements
For the Years 2020 and 2019

2020

2019

Income before depreciation expense $ $
Depreciation expense
Net income $ $

In: Accounting