In: Accounting
Subject: Innovation and technology management
When new technologies arrive, only a few customers adopt such technologies. A large number of customer remain sceptical about the product. The cost of the new technology remain high. As a result it take long time for the businesses to focus on the new technology until the dominant design comes and the price become affordable by the large number of consumers. From your point of view, what might be the reasons established firms might resist adopting a new technology.
In: Computer Science
Analysis of the Shoe Corporation of Illinois.
Analyze the organizational structure of Shoe Corporation, including how the corporate culture there has impacted the structure.
What suggestions do you have for improvement in information flow?
How would you characterize the current interdependence between departments? What management techniques would you use to help facilitate change given the interdependence within the company?
Given that the president’s intent is to change shoe styles frequently, how could innovation be fostered?
In: Operations Management
Has protection for proprietary software gone too far, as some critics suggest? (b) If not, why? (c) If so, what are the implications for innovation and competition in the computer industry? (d) How can we achieve an appropriate balance between those who hold legal rights to proprietary information and ordinary users who wish to access, share, and communicate that information? Defend your answer. Please elaborate (beyond a yes or no answer) and provide your “theoretical” rationale in support of your responses. (knowledge)
In: Computer Science
In this chapter, the virtues of perfect competition have been highlighted. Among the benefits of perfect competition, no buyer or seller taken alone can affect market prices. Also, efficiency is obtained since firms will produce at full capacity. While some economists praise perfect competition in the sense that it allows to achieve tremendous efficiency. Some economists argue that perfect competition is unnecessary and irrelevant since it may hinder innovation and invention. Provide your arguments for or against perfect competition.
In: Economics
organizational change essay using the article: changing the change rules at Google, and determine why they were successful in changing their employees behavior in approximately 750 word essay, address the following:
evaluate what happens when change is not managed with an organization and what impact can it have on employees
identify ways change fatigue can b avoided in a organization where innovation and change is constant.
discuss who should be involved in change management strategies to ensure a greater success
In: Operations Management
Microsoft Canada has asked you to critically evaluate their branding and positioning of the surface line of products. How can the company capitalize on the innovation of their products such that they differentiate themselves from their competitors? In your recommendation, you might consider strategies to differentiate each individual product within the surface line, identify target markets and best ways to reach them, and recommend creative solutions to propel the Surface line of products to become the laptop of choice within its respective competitive space.
In: Economics
Bonobo’s Balloons Inc. purchased the $60,000 par value bonds of Gnomes R Us on January 1, 2020. The coupon rate is 8% and the bonds mature in 5 years. The market rate of interest is 12%. The bonds pay interest semi-annually every June 30 and December 31. The bonds were purchased for $51,167.90 and were classified as available-for-sale. Bonobo’s Balloons uses the effective-interest rate method to amortize bond discounts and premiums. At December 31, 2020, the market value of the bonds was $65,000. Bonobo’s Balloons sold the bonds on January 1, 2021, for $65,000.
Instructions
Computations:
Carrying value at December 31, 2020:
Interest revenue at June 30, 2020:
Unrealized gain/loss at December 31, 2020:
Gain or loss at January 1, 2021:
Requirement 5:
In: Accounting
Cheyenne Company purchases an oil tanker depot on January 1, 2020, at a cost of $648,500. Cheyenne expects to operate the depot for 10 years, at which time it is legally required to dismantle the depot and remove the underground storage tanks. It is estimated that it will cost $79,920 to dismantle the depot and remove the tanks at the end of the depot’s useful life.
Prepare the journal entries to record the depot and the asset
retirement obligation for the depot on January 1, 2020. Based on an
effective-interest rate of 6%, the present value of the asset
retirement obligation on January 1, 2020, is $44,627.
|
Date |
Account Titles and Explanation |
Debit |
Credit |
|
January 1, 2020 |
|||
|
(To record the depot) |
|||
|
January 1, 2020 |
|||
|
(To record the asset retirement obligation) |
Prepare any journal entries required for the depot and the asset
retirement obligation at December 31, 2020. Cheyenne uses
straight-line depreciation; the estimated salvage value for the
depot is zero.
|
Date |
Account Titles and Explanation |
Debit |
Credit |
|
December 31, 2020 |
|||
|
(To record depreciation for the depot) |
|||
|
December 31, 2020 |
|||
|
(To record depreciation on asset retirement obligation) |
|||
|
December 31, 2020 |
|||
|
(To record interest on asset retirement obligation) |
|
On December 31, 2029, Cheyenne pays a demolition firm to dismantle
the depot and remove the tanks at a price of $84,200. Prepare the
journal entry for the settlement of the asset retirement
obligation.
|
Date |
Account Titles and Explanation |
Debit |
Credit |
|
December 31, 2029 |
|||
In: Accounting
|
Balance Sheets |
2020 |
2019 |
|
Assets |
||
|
Cash and cash equivalents |
$600 |
$495 |
|
Accounts receivable |
$626 |
$525 |
|
Inventories |
$285 |
$240 |
|
Total current assets |
$1,511 |
$1,260 |
|
Net fixed assets |
$1,590 |
$1,470 |
|
Total assets |
$3,101 |
$2,730 |
|
Liabilities and equity |
||
|
Accounts payable |
$248 |
$195 |
|
Accruals |
$195 |
$180 |
|
Notes payable |
$189 |
$195 |
|
Total current liabilities |
$632 |
$570 |
|
Long-term debt |
$356 |
$300 |
|
Total liabilities |
$987 |
$870 |
|
Common stock |
$570 |
$570 |
|
Retained Earnings |
$1,544 |
$1,290 |
|
Total common equity |
$2,114 |
$1,860 |
|
Total liabilities and equity |
$3,101 |
$2,730 |
Use the amounts you calculated for the 2020 income statement as needed.
|
Income Statements |
2020 |
2019 |
|
Sales |
$2,376 |
|
|
Costs+Exp excl. D&A |
$1,782 |
|
|
EBITDA |
$594 |
|
|
Depr. & amort. |
$90 |
|
|
EBIT |
$504 |
|
|
Interest expense |
$60 |
|
|
EBT |
$444 |
|
|
Taxes |
$120 |
|
|
Net Income |
$324 |
1.What is the Cash from Operating Activities in 2020 ($millions)?
2.What is the Cash from Investing Activities in 2020 ($millions)?
3.What are the Dividends in 2020 ($millions)?
4.What is the Net Change in Cash in 2020 ($millions)?
5.Calculate the Free Cash Flow. What is the Change in Net Operating Working Capital in 2020 ($millions)?
6.What is the Free Cash Flow in 2020 ($millions)?
In: Finance