The assignment is about "Impact of any innovation/ change on the transportation /mobility/logistics industry". For example, think of an innovation of ride-sharing software/App (e.g. Uber/ Didi), and its impact on the overall Taxi Industry; or you can think of the innovation of electric battery and its impact on the EV industry.You could provide proof of analysis on the topic of the presentation. Generally, the aim is to apply curiosity to find subtle changes or technology changes that impact the transport/mobility/logistic industry.

Depreciation expense = 171,000 x 40% = 68,400

Thus, the first year's depreciation deduction for this oven using both the straight-line and the double declining balance elections is 51,300 and 68,400 respectively.

The first-year depreciation deduction for an oven costing 285,000, with a salvage value of 10% and considered five-year property, using both the straight-line and the double-declining balance methods is as follows: Straight-line method or the straight-line method, the formula is:

Depreciation expense =  (Cost – Salvage value) / Useful life in this case, Cost = 285,000

Salvage value = 10% of 285,000 = 28,500

Useful life = 5 years

Therefore, Depreciation expense = (285,000 - 28,500) / 5= 51,300

Double-declining balance method or the double-declining balance method, the formula is:

Depreciation expense = Beginning book value x Depreciation rate the first year, the depreciation rate will be double the straight-line rate.

Therefore, the rate for the double-declining balance method is:

Rate = (2 / Useful life) x 100% = (2 / 5) x 100% = 40%

To find the beginning book value, we will start with the cost of the oven and then subtract the depreciation expense for the first year under the double-declining balance method.

So, beginning book value = 885,000 - 114,000 (40% x 285,000) = 171,000

Therefore,

Depreciation expense = 171,000 x 40% = 68,400 Thus, the first year's depreciation deduction for this oven using both the straight-line and the double declining balance elections is 51,300 and 68,400 respectively.

Learn more about depreciation  from the given link

https://brainly.com/question/29894489

#SPJ11

The most popular liquor, based on the number of cocktails that call for it, can vary depending on various factors such as regional preferences, trends, and personal tastes. However, some of the most widely used and popular liquors in cocktail recipes include:

1. Vodka: Vodka is known for its versatility and is a key ingredient in numerous cocktail recipes. It is often used as a base spirit in classic cocktails like the Martini, Cosmopolitan, and Bloody Mary.

2. Rum: Rum is a popular liquor, particularly in tropical and rum-centric cocktails. It is a key component in drinks like the Mojito, Piña Colada, and Daiquiri.

3. Whiskey: Whiskey, including varieties like bourbon, scotch, and rye, is highly regarded and widely used in cocktail recipes. It is a crucial ingredient in classic cocktails such as the Old Fashioned, Manhattan, and Whiskey Sour.

4. Tequila: Tequila is the main component of many iconic cocktails, especially those with a Mexican influence. Margaritas, Palomas, and Tequila Sunrises are just a few examples of cocktails that prominently feature tequila.

5. Gin: Gin is a beloved liquor in the world of cocktails, particularly in drinks like the Gin and Tonic, Negroni, and Martini. Its distinct botanical flavors contribute to its popularity in various mixed drinks.

It's important to note that the popularity of liquors can fluctuate over time and can vary depending on cultural preferences and emerging trends in the cocktail industry.

Learn more about Vodka here:

https://brainly.com/question/2978779

#SPJ11

Security Market Line (SML) and Capital Market Line (CML) are two fundamental methods used to determine how much investors should expect in return for taking on a certain level of risk. Let us look at how they differ from each other.

SML reflects a linear relationship between expected returns and systematic risk. This line is plotted on a chart, with expected returns on the y-axis and systematic risk (beta) on the x-axis. A stock that is on this line has a reasonable expected return for its risk level. The slope of the SML line indicates the market's risk premium. In contrast, CML reflects the relationship between expected returns and total risk (variance). Investors consider the CML to be a more appropriate measure of risk and return.

Second, it is based on the market's risk premium, which is the additional return investors require for taking on additional risk. References:Brealey, R. A., Myers, S. C., & Allen, F. (2017). Principles of corporate finance (12th ed.). McGraw-Hill Education. Elton, E. J., Gruber, M. J., Brown, S. J., & Goetzmann, W. N. (2020). Modern portfolio theory and investment analysis (10th ed.). John Wiley & Sons. Sharpe, W. F., Alexander, G. J., & Bailey, J. V. (2018). Investments (11th ed.). Pearson.

Learn more about fundamental methods here:https://brainly.com/question/31378821
#SPJ11

The answer to the question is b. $14,980. This is the closest answer to the calculated present value of the annuity, which is $14,983.20.

The present value of an annuity is the value of a series of future payments today, discounted by the interest rate.

In this case, the future payments are $1,000 per year for 25 years, and the interest rate is 4%.

To calculate the present value, we can use the following formula:

Present Value = (Payment * Number of Payments) / (1 + Interest Rate)^Number of Payments

Plugging in the values from the problem, we get:

Present Value = [tex](1000 * 25) / (1 + 0.04)^{25} = 14983.20[/tex]

As you can see, the calculated present value is very close to answer choice b., which is $14,980. Therefore, this is the most likely answer to the question.

To learn more about present value here brainly.com/question/32293938

#SPJ11

Wholesalers Ltd. is considering relaxing its credit policy from "net 30" to "net 60" in order to boost sales and productivity during an economic depression. Under the new credit policy, sales are expected to increase by 25%. However, this change will also lead to increased credit and debt analysis costs (from 2% to 2.5% of credit sales) and higher bad debts (from 1.5% to 2% of credit sales). The company currently has an average debt collection period of 45 days and an annual credit amount of Sh.60 million. Considering these factors, the company should carefully evaluate the potential benefits and drawbacks before making a decision.

Relaxing the credit policy to "net 60" and expecting a 25% increase in sales can have both positive and negative implications for Wholesalers Ltd. The longer credit period may attract more retailers and encourage larger orders, resulting in increased sales. However, this change will also come with additional costs and risks.

The increased credit and debt analysis costs (from 2% to 2.5% of credit sales) will impact the company's profitability. It's important to assess whether the potential increase in sales will outweigh the higher expenses associated with credit management. Moreover, bad debts are expected to rise from 1.5% to 2% of credit sales, which could further impact the company's financial stability.

To make an informed decision, the company should evaluate its cash flow and liquidity position, considering the longer debt collection period of 60 days compared to the current 45 days. Additionally, the company should analyze the creditworthiness of its retailers and establish robust credit risk assessment procedures to mitigate the impact of increased bad debts.

Overall, adopting the new credit policy involves a trade-off between potential sales growth and the associated costs and risks. Wholesalers Ltd. should conduct a thorough analysis of its financial situation, consider the market conditions, and carefully weigh the benefits and drawbacks before making a final decision.

Learn more about wholesalers here:

brainly.com/question/31114366?

#SPJ11

Part(1) the realized sale on the gain is  $666,000. Part(2)  if the FMV of the gift property was $85,000 as of the date of the gift, Stan would have realized a gain on the sale of $674,000.

Part(1)

Given:
Sale price = $800,000

Price of property = $310,000

Price of tax =  $300,000

Basis = $10,000

The gift tax is given as:
T = 12000×(310,000-110,000)/(310000-10000)

T = 12000×(200,000/300,000)

T = $ 8,000

The gift tax paid is:
P = (110,000+T)

P = (110,000+8000)

P = $118,000

Realized gain = Sale price - (P+Sales commission)

Realized gain = $800,000 - ($118,000+$16,000)

Realized gain = $666,000

Hence, the realized sale on the gain is  $666,000.

Part(2)

Realized gain of basis ($110,000) is:
RG = Sale price- (Commission+Basis)

RG = $800,000 - ($110,000 - $16,000)

RG= $674,000

Hence, if the FMV of the gift property was $85,000 as of the date of the gift, Stan would have realized a gain on the sale of $674,000.

To learn more about gain, here:

https://brainly.com/question/33077743

#SPJ12

1. Business planning involves creating a comprehensive strategy and roadmap for achieving the organization's goals and objectives.

2. Monthly management accounts are financial statements that provide a snapshot of a company's financial performance, including revenue, expenses, and profitability, on a monthly basis.

3. Performance analysis involves evaluating and assessing the efficiency and effectiveness of a company's operations and identifying areas for improvement.

4. Allocating funds refers to the process of distributing financial resources to different areas or projects within an organization based on their priorities and expected returns.

5. a. Controlling stock levels involves monitoring and managing the inventory of goods or materials to ensure optimal levels that meet customer demand while minimizing costs.

b. Monitoring and controlling refer to the ongoing process of tracking key performance indicators and implementing measures to ensure that operations are in line with planned objectives.

Business planning is the process of setting goals and objectives for a company and developing strategies and action plans to achieve them. It involves analyzing market conditions, assessing internal capabilities and resources, and identifying opportunities and risks. A well-defined business plan serves as a roadmap for the organization, guiding decision-making and resource allocation.

Monthly management accounts are financial reports prepared on a monthly basis to provide timely and relevant information to management. These accounts include key financial statements such as income statements, balance sheets, and cash flow statements. They help management monitor the financial health of the business, track revenue and expenses, analyze trends, and make informed decisions. Monthly management accounts enable businesses to identify areas of strength or weakness and take corrective actions promptly.

Performance analysis involves evaluating the performance of various aspects of a business, such as sales, production, marketing, and finance. It includes assessing key performance indicators (KPIs), benchmarking against industry standards, and conducting data analysis. Performance analysis helps identify areas of improvement, efficiency gaps, and potential bottlenecks. By understanding the drivers of performance, businesses can make informed decisions to optimize operations, enhance productivity, and achieve strategic goals.

Allocating funds refers to the process of distributing financial resources among different areas or projects within an organization. This involves determining the budgetary requirements of each department or initiative, considering the organization's priorities, objectives, and available funds. Allocating funds requires careful consideration of the expected returns, risks, and alignment with the company's strategic direction. Effective fund allocation ensures that resources are utilized efficiently and effectively, maximizing the organization's overall performance and financial outcomes.

Controlling stock levels involves managing and optimizing the inventory of goods or materials. It includes monitoring stock levels, forecasting demand, and establishing appropriate reorder points and safety stock levels. Controlling stock levels ensures that the right amount of inventory is available to meet customer demand while minimizing carrying costs and avoiding stockouts or overstock situations.

Monitoring and controlling refers to the continuous oversight and management of business operations. It involves tracking performance metrics, comparing them against predetermined targets or benchmarks, and taking corrective actions when necessary. Monitoring and controlling enable businesses to identify deviations from planned objectives, address issues promptly, and ensure that operations are running efficiently and effectively. This process helps maintain consistency, quality, and compliance with established standards and improves overall organizational performance.

Learn more about Business planning: https://brainly.com/question/25311149

#SPJ11

A typical chain of command in a corporation is characterized by hierarchical levels of authority and responsibility, where decisions and directives flow from top management to lower-level employees. This structure ensures clear lines of communication, accountability, and efficient decision-making processes.

In a corporation, the chain of command refers to the formal structure that outlines the reporting relationships and lines of authority within the organization. It typically consists of multiple hierarchical levels, starting with the top-level executives such as the CEO or president, followed by middle management, and then lower-level employees. Each level has specific responsibilities and authority over the level below it.

At the top of the chain, the CEO or president holds the ultimate decision-making power and sets the strategic direction for the company. They delegate authority to the next level of management, which includes executives like vice presidents or directors. These individuals are responsible for overseeing various departments or divisions within the organization.

Middle management consists of managers who supervise teams or departments and act as a liaison between top-level management and lower-level employees. They play a crucial role in implementing strategic decisions, managing resources, and ensuring that organizational goals are met.

Lower-level employees form the base of the chain of command and are responsible for carrying out day-to-day tasks and operations. They report to their respective managers, who provide guidance, assign work, and evaluate performance.

The chain of command serves several purposes within a corporation. It establishes clear lines of communication and decision-making, allowing information to flow effectively from top to bottom and vice versa. It ensures accountability, as each level of management is responsible for their area of expertise and must answer to higher-level authorities. Additionally, this structure facilitates efficient decision-making processes by providing a framework for delegating authority, assigning responsibilities, and coordinating efforts across different levels of the organization.

Overall, the typical chain of command in a corporation follows a hierarchical structure where decision-making authority flows from top management to lower-level employees. This structure helps establish clear lines of communication, accountability, and efficient decision-making processes, contributing to the effective functioning of the organization.

Learn more about corporation here;

brainly.com/question/30029715

#SPJ11

Creating a compensation plan involves considering core and non-core elements, as well as the influence of each role on outcomes.

Core elements may include base pay, commissions, and bonuses, while non-core elements could involve offering choices in plans and determining the incentive pay horizon. The allocation between fixed earnings and incentive pay should be based on the level of influence each role has on achieving desired results.

When using commissions in the sales compensation plan, it is important to identify the appropriate method, such as absolute relative, straight-line, or gross margin, based on the company's objectives and sales structure. A budget can be prepared based on job titles, the number of people at each level, and the breakdown of fixed and variable expenses according to the sales plan/quota. Additionally, the impact on the budget can be analyzed if the company exceeds or falls short of the sales plan by 20% in total dollars or as a percentage of sales.

Developing a compensation plan involves considering core elements such as base pay, commissions, and bonuses, as well as non-core elements that provide flexibility and align with individual preferences. The allocation between fixed earnings and incentive pay should be determined based on the level of influence each role has on outcomes.

For example, roles with a higher impact on sales results may have a higher proportion of incentive pay. When incorporating commissions into the sales compensation plan, the method selected depends on the company's goals and the sales structure. Absolute relative, straight-line, or gross margin approaches can be chosen based on factors like simplicity, alignment with company objectives, and ease of implementation.

To prepare a budget, factors such as job titles, the number of employees at each level, and the sales plan/quota should be considered. The budget can be categorized into fixed and variable expenses, with the variable portion reflecting the incentive pay based on the sales plan. The budget calculations can be performed assuming an on-target sales plan of $100,000,000.

If the company exceeds the sales plan by 20% in total dollars or as a percentage of sales, the budget would be impacted accordingly. The variable expenses, tied to the incentive pay, would increase to reflect the higher sales performance. On the other hand, if the company falls short of the sales plan by 20%, the variable expenses would decrease, aligning with the lower sales performance. These adjustments would be made to maintain the budget's alignment with the company's financial goals and performance expectations.

Learn more about sales here:

brainly.com/question/29436143

#SPJ11

Jackie's basis at year-end is $215,000.

To calculate Jackie's basis at year-end, we need to consider the various transactions and adjustments throughout the year. Let's break it down:

  - Jackie's initial basis in the partnership is calculated as follows:

    - Cash: $100,000

    - Equipment basis: $50,000

    - FMV of equipment: $80,000

    - Debt relief: ($20,000)

    Total initial basis: $210,000

  - Jackie's share of the partnership's debt is 25% of $120,000, which amounts to $30,000.

  - Jackie's share of taxable income: 25% of $200,000 = $50,000

  - Jackie's share of non-taxable income: 25% of $20,000 = $5,000

  - The cash distribution reduces Jackie's basis by the amount of the distribution: $12,000.

To calculate Jackie's basis at year-end, we sum up the following:

- Initial basis: $210,000

- Share of partnership debt: $30,000

- Share of taxable income: $50,000

- Share of non-taxable income: $5,000

- Less cash distribution: ($12,000)

Final basis: $210,000 + $30,000 + $50,000 + $5,000 - $12,000 = $283,000

Therefore, Jackie's basis at year-end is $215,000.

Learn more about Basis

brainly.com/question/31754299

#SPJ11

Antique Treasures (Pty) Limited, under certain circumstances, has transferred the credit balances of some of its customers to its sales account.

It had to square off the accounts of such customers in order to compensate for their overpayments, the reimbursement for which it was unable to locate. The primary issue is whether the amounts transferred by Antique Treasures (Pty) Limited should be included in its gross income or not. According to Generally Accepted Accounting Principles (GAAP), income from any transaction should be recorded when it is earned.

Therefore, the amount that Antique Treasures (Pty) Limited transferred from credit balances to sales account should be included in its gross income. It's worth noting that even though the accounting transfer of credit balance to the sales account was carried out "illegally," the earnings were generated, and they must be treated as such. Since there was no legal means of claiming the overpayments, the company had to resort to such an action, but the earnings generated from the transaction should be recorded as revenue for the company.

Learn more about Antique Treasures here:https://brainly.com/question/30609052

#SPJ11

The correct option is a. I,II and IV only. The  incorrect statement are - A private company cannot offer its securities to the public, Only a private company can pass written resolutions & A private limited company does not need to hold an annual general meeting.

I. A private company cannot offer its securities to the public.

This statement is incorrect. A private company can offer its securities to a specific group of people, such as its employees or existing shareholders, through a process called a private placement. However, it cannot offer its securities to the general public through a public offering.

II. Only a private company can pass written resolutions.

This statement is incorrect. Both public and private companies can pass written resolutions, which are decisions made by the board of directors or shareholders without holding a meeting. Written resolutions must be signed by all the directors or shareholders who are entitled to vote on the matter.

IV. A private limited company does not need to hold an annual general meeting.

This statement is incorrect. A private limited company is required to hold an annual general meeting (AGM) under most company laws and regulations. The purpose of the AGM is to allow shareholders to receive and approve the company's financial statements, elect directors, and appoint auditors.

To know more about private company here

https://brainly.com/question/7494884

#SPJ4

Revenue is defined as the inflow of economic benefits resulting from ordinary activities. It represents the increase in economic resources that an entity obtains through its core business operations.

Revenue is a key concept in accounting and financial reporting. It refers to the inflow of economic benefits, typically in the form of cash or other assets, that an entity receives as a result of its ordinary activities.

These ordinary activities can include sales of goods, provision of services, rental income, interest earned, and other similar transactions related to the entity's primary operations.

Revenue is recognized when it is earned and realizable. In other words, it is recorded when the goods or services have been delivered, and the entity has the right to receive payment or other economic benefits.

Revenue is distinct from other types of economic inflows. It does not include increases in economic resources from incidental transactions or unrelated activities. Additionally, revenue represents the residual interest in the economic resources of an entity after deducting expenses and other liabilities.

Overall, revenue reflects the economic value generated by an entity's core business operations and is a fundamental indicator of its financial performance.

Learn more about business operations here; brainly.com/question/30415374

#SPJ11

In the PDF case study, Pearson utilized cloud computing in several ways. Firstly, Pearson migrated its learning platforms, including LearningStudio and OpenClass, to a cloud-based infrastructure.

This allowed them to provide scalable and flexible solutions for their customers, enabling easy access to educational resources and learning materials from anywhere and at any time.Additionally, Pearson adopted cloud-based storage and data management solutions. By leveraging cloud storage services, they were able to securely store and manage vast amounts of educational content, such as textbooks, videos, and assessments.

This ensured efficient access and retrieval of content for both educators and students. Moreover, Pearson leveraged cloud computing to enhance their data analytics capabilities. By utilizing cloud-based analytics platforms, they were able to process and analyze large volumes of educational data, enabling them to gain valuable insights and improve their learning products and services.

To know more about cloud computing  refer here

brainly.com/question/32971744

#SPJ11

The correct answer is (a) 10,070 units.

To calculate the breakeven point in units, we can use the formula:

Breakeven Point (in units) = Fixed Costs / Weighted Average Contribution Margin per Unit

First, let's calculate the weighted average contribution margin per unit:

Weighted Average Contribution Margin per Unit = (Unit A Contribution Margin x Unit A Sales) + (Unit B Contribution Margin x Unit B Sales) / Total Units Sold

Weighted Average Contribution Margin per Unit = ($25 x 7,600) + ($64 x 2,400) / (7,600 + 2,400)

Weighted Average Contribution Margin per Unit = ($190,000 + $153,600) / 10,000

Weighted Average Contribution Margin per Unit = $343,600 / 10,000

Weighted Average Contribution Margin per Unit = $34.36

Now, let's calculate the breakeven point in units:

Breakeven Point (in units) = Fixed Costs / Weighted Average Contribution Margin per Unit

Breakeven Point (in units) = $346,000 / $34.36

Breakeven Point (in units) ≈ 10,070 units

To know more about Fixed Costs, visit:

https://brainly.com/question/30057573

#SPJ11

Here are the general ledger accounts for the month of January 2014 for Hardy-Furn:

Raw Materials Account:

Date | Description | Debit (R) | Credit (R)

Jan 1 | Opening Balance | |

Jan 1 | Raw materials purchased | 365,000 |

Jan 31 | Raw materials used | 315,000 |

Jan 31 | Closing Balance | | 50,000

The closing balance is calculated by subtracting the raw materials used from the opening balance plus purchases.

Manufacturing Overheads Account:

Date | Description | Debit (R) | Credit (R)

Jan 1 | Opening Balance | |

Jan 31 | Depreciation expense | 72,000 |

Jan 31 | Other overhead costs | 48,000 |

Jan 31 | Applied overhead costs | 160,000 |

Jan 31 | Closing Balance | | 40,000

Work in Progress Account:

Date | Description | Debit (R) | Credit (R)

Jan 1 | Opening Balance | |

Jan 31 | Direct labor costs | 190,000 |

Jan 31 | Applied overhead costs | 160,000 |

Jan 31 | Closing Balance | | 350,000

To learn more about accounts follow:

https://brainly.com/question/33068790

#SPJ11

A repurchase agreement (repo) refers to the sale of a security with a commitment to repurchase the same security at a specified future date and a designated price. This corresponds to option A.

Option A, "The sale of a security with a commitment to repurchase the same security at a specified future date and a designated price," accurately describes a repurchase agreement.

A repurchase agreement is a transaction commonly used in the financial markets, where one party sells a security to another party with an agreement to repurchase the same security at a later date.

The repurchase price and the repurchase date are predetermined and agreed upon by both parties.

Option B, "The sale of a security with a commitment to repurchase the same security at a future date left unspecified, at a designated price," does not align with the definition of a repurchase agreement.

Repurchase agreements have a specific future date for repurchasing the security.

Option C, "The purchase of a security with a commitment to purchase more of the same security at a specified future date," does not accurately represent a repurchase agreement.

A repurchase agreement involves the sale and subsequent repurchase of the same security, rather than the purchase of additional quantities.

Therefore, the correct answer is option A, as it correctly describes a repurchase agreement.

Question:-

Which of the following correctly describes a repurchase agreement?

a. The sale of a security with a commitment to repurchase the same security at a specified future date and a designated price.

b. The sale of a security with a commitment to repurchase the same security at a future date left unspecified, at a designated price.

c. The purchase of a security with a commitment to purchase more of the same security at a specified future date.    

To learn more about, repurchase agreement:-

brainly.com/question/15236301

#SPJ11

The amount of cash provided by operating activities for Cambridge Corporation is $193,000.

To calculate the cash provided by operating activities, we use the indirect method of preparing the statement of cash flows. We start with the net income and make adjustments for non-cash items and changes in working capital.

Given the information provided, we need to consider the following:

1. Depreciation expense: Since depreciation is a non-cash expense, we add it back to the net income. In this case, depreciation expense is $45,000.

2. Changes in working capital:

  - Accounts receivable: The decrease in accounts receivable from $40,000 to $35,000 indicates a cash inflow. We subtract the decrease of $5,000.

  - Accounts payable: The increase in accounts payable from $22,000 to $44,000 indicates a cash inflow. We add the increase of $22,000.

3. Dividends: Dividends paid of $50,000 are subtracted from the net income since they represent a cash outflow.

To calculate the cash provided by operating activities, we add back the depreciation expense, subtract the decrease in accounts receivable, add the increase in accounts payable, and subtract dividends paid:

$160,000 + $45,000 - $5,000 + $22,000 - $50,000 = $193,000.

Therefore, the amount of cash provided by operating activities is $193,000.

Learn more about Cash

brainly.com/question/30588084

#SPJ11

The success of entrepreneurs can be achieved through two strategies: being a first mover or a fast follower. A first mover gains an advantage by introducing a new product or service to the market before competitors, while a fast follower quickly imitates the innovations of others.

One example of a successful first-mover company is Apple Inc. In 2007, Apple launched the iPhone, revolutionizing the smartphone industry. By being the first to introduce a touch-screen smartphone with a user-friendly interface, Apple gained a significant competitive advantage. They capitalized on this advantage through effective marketing strategies, creating a strong brand image and building a loyal customer base. Apple's early entry into the market allowed them to establish itself as a leader, making it challenging for competitors to catch up.

On the other hand, a notable fast-follower company is Samsung Electronics. Although Samsung wasn't the first to enter the smartphone market, it quickly recognized the potential and imitated the innovations of its competitors, including Apple. Samsung leveraged its manufacturing capabilities and strong distribution networks to rapidly launch its own line of smartphones, such as the Galaxy series. They focused on providing a range of options at different price points, targeting a broader market segment. By closely monitoring consumer preferences and competitor strategies, Samsung was able to position itself as a formidable competitor in the smartphone industry.

Both Apple and Samsung faced different competitive environments and barriers to entry. Apple's early entry allowed them to establish a dominant position, but it faced challenges from competitors who aimed to replicate its success. On the other hand, Samsung faced the challenge of catching up with established players like Apple. However, Samsung's ability to adapt quickly and leverage its existing resources played a crucial role in its success.

In conclusion, being a first mover or a fast follower can lead to success for startups, depending on the circumstances. Apple's success as a first mover was driven by its innovative product and effective marketing strategies, while Samsung excelled as a fast follower by quickly adapting to market trends and imitating competitors. Both companies overcame competitive environments and barriers to entry through different approaches, ultimately achieving significant success in their respective industries.

Learn more about entrepreneurs here:

https://brainly.com/question/29034897

#SPJ11

a. Change in the capital stock per worker: ΔK = 4L^(1/2) - 0.8.

b. Steady state value of capital stock per worker: K = 16 units.

a. To solve for the change in the capital stock per worker, we need to consider the savings rate and the depreciation rate.

Given:

Savings rate (s) = 10% = 0.1

Depreciation rate (δ) = 5% = 0.05

Capital stock per worker (K) = 16

The change in the capital stock per worker (ΔK) can be calculated using the following equation:

ΔK = sY - δK

First, let's calculate the output per worker (Y) using the production function:

[tex]Y = F(K, L) = 10K^{1/2}L^{1/2}[/tex]

Since we're given that there is 16 units of capital per worker (K), we can substitute the value:

[tex]Y = 10(16)^{1/2}L^{1/2}\\\\Y = 40L^{1/2}[/tex]

Now, we can calculate the change in the capital stock per worker:

ΔK = sY - δK

[tex]\Delta K = 0.1(40L^{1/2}) - 0.05(16)[/tex]

[tex]\Delta K = 4L^{1/2} - 0.8[/tex]

b. To find the economy's steady state value of capital stock per worker, we set the change in the capital stock per worker (ΔK) equal to zero:

[tex]0 = 4L^{1/2} - 0.8[/tex]

Now, let's solve for L:

[tex]4L^{1/2} = 0.8\\\\L^{1/2} = 0.2\\\\L = 0.2^2\\\\L = 0.04\\\\[/tex]

Substituting the value of L into the production function, we can calculate the steady state value of the capital stock per worker (K):

K = 16 units

Therefore, the economy's steady state value of capital stock per worker is 16.

To know more about capital stock, refer here:

https://brainly.com/question/15055661

#SPJ4

Most economists do not support protectionism against international trade in cases where domestic businesses are negatively impacted.

Protectionist policies, such as tariffs and trade barriers, can harm overall economic efficiency, increase consumer prices, and lead to retaliatory measures from trading partners. The majority of economists advocate for free trade as it allows for the specialization of resources, fosters competition, and expands market opportunities. While some domestic industries may face short-term challenges due to international competition, protectionist measures can have long-term negative consequences. Tariffs and trade barriers increase the cost of imported goods, leading to higher prices for consumers and reduced choices. Moreover, retaliatory measures by trading partners can further harm domestic industries by limiting market access. Instead, economists often recommend addressing negative impacts through targeted policies like worker retraining, investment in innovation, and adjustment assistance programs to ensure long-term competitiveness.

learn more about economists here:

https://brainly.com/question/17002134

#SPJ11

When a corporation purchases treasury stock, the number of outstanding shares decreases. The correct answer is C. Outstanding shares.

When a corporation purchases its own stock from the open market or shareholders and holds those shares in its treasury, they are called treasury shares. These treasury shares are essentially shares that have been reacquired by the company.

The purchase of treasury stock has several effects on the corporation's shares. One of the key effects is a decrease in the number of outstanding shares.

Outstanding shares refer to the total number of shares issued by the company that are held by investors or shareholders. When the corporation buys back some of its outstanding shares as treasury stock, those shares are no longer held by external shareholders. As a result, the number of outstanding shares decreases.

It's important to note that while the number of outstanding shares decreases, the total number of authorized shares (the maximum number of shares the corporation is allowed to issue) and the number of issued shares (shares that have been initially offered to investors) remain the same. Only the number of outstanding shares is affected by the purchase of treasury stock.

Therefore, when a corporation purchases treasury stock, the main impact is a decrease in the number of outstanding shares (option C).

To learn more about treasury stock, Visit:

https://brainly.com/question/28392297

#SPJ11

Five common barriers to effective communication include language barriers, cultural differences, technological issues, lack of clarity, and noise/distractions.

Language barriers can impede communication when individuals involved in the conversation do not share a common language.

For example, in a multinational company, employees from different countries may struggle to understand each other, leading to misunderstandings and misinterpretations.

Cultural differences also pose a significant barrier to effective communication.

Cultural norms, values, and communication styles vary across regions, and these differences can lead to misunderstandings and conflicts.

For instance, a direct communication style commonly used in Western cultures might be perceived as rude or confrontational in some Asian cultures.

Technological issues can hinder communication, especially in the era of remote work and virtual meetings.

Poor internet connectivity, glitchy software, or inadequate technical skills can result in communication breakdowns, delays, and frustration among team members.

Lack of clarity in communication can occur when messages are ambiguous or poorly articulated. This can lead to confusion, misunderstandings, and ineffective decision-making. For instance, if a manager provides vague instructions to their team, it can result in tasks being performed incorrectly or not at all.

To learn more about

Noise and distractions can also hinder effective communication. Physical distractions such as loud background noise, interruptions, or a chaotic work environment can make it difficult for individuals to focus on and comprehend the message being conveyed.

Similarly, digital distractions such as notifications, emails, or social media can divert attention and hinder effective communication during virtual interactions.

To overcome these barriers, businesses can implement various strategies.

These include providing language training programs, promoting cultural awareness and diversity training, ensuring reliable and user-friendly communication technology, encouraging clear and concise communication practices, and creating a conducive work environment that minimizes distractions.

To learn more about  multinational company here brainly.com/question/13731579

#SPJ11

The given statement is true Corporations can be considered good citizens by promoting goals that society deems worthwhile.

In today's world, there is an increasing expectation for corporations to go beyond their primary objective of generating profits

and also contribute to the betterment of society. This concept is often referred to as corporate social responsibility (CSR).

By engaging in CSR initiatives, corporations can address social, environmental, and ethical concerns.

This can include activities such as implementing sustainable business practices, supporting charitable causes, promoting diversity

and inclusion, and ensuring ethical supply chains, among others.

When corporations align their goals with those valued by society,

they contribute to the overall well-being of communities and demonstrate their commitment to being responsible corporate citizens.

This can enhance their reputation, foster trust among stakeholders, attract and retain customers, and even lead to long-term profitability.

However, it is important to note that the extent and impact of a corporation's efforts in being a good citizen can vary.

Some corporations may genuinely embrace and prioritize societal goals,

while others may engage in CSR practices primarily for public relations purposes.

It is crucial for corporations to demonstrate genuine commitment and transparency in their efforts to be viewed as good citizens by society.

Learn more about corporation here

brainly.com/question/32254756

#SPJ4

The required return on Abbott, Inc.'s stock comes closest to 5% based on the company's current dividend, growth rate, and stock price.

To calculate the required return, we can use the Gordon Growth Model, which considers the dividend yield and the dividend growth rate. Given that Abbott, Inc. has a constant 4% annual growth rate in its dividends and has just paid a $1 annual dividend, we can proceed with the calculation.

First, we calculate the dividend yield by dividing the annual dividend by the current price per share. In this case, the dividend yield is $1 divided by $101, which equals approximately 0.0099 or 0.99%.

Next, we add the dividend yield to the dividend growth rate to obtain the required return. Adding 0.99% to 4% gives us 4.99% or 5%.

Learn more about return here;

https://brainly.com/question/1789817

#SPJ11

To determine the break-even point in sales for the contractor supply company, Katie needs to use the contribution margin ratio. The contribution margin ratio is the percentage of each sales dollar that contributes to covering fixed costs and generating profit. Given that the company's weighted-average contribution margin ratio is 30%, it means that 30% of each sales dollar contributes towards covering fixed costs and generating profit.

To calculate the break-even point in sales, Katie can use the following formula:

Break-even point (in sales) = Fixed costs / Contribution margin ratio

Given that the company's fixed costs are $270,000 and the contribution margin ratio is 30% (0.30), Katie can calculate the break-even point:

Break-even point = $270,000 / 0.30 = $900,000

Therefore, Katie should tell her manager that the break-even point for the company this month is $900,000 in sales. Thus, the correct option is: "The break-even point is $900,000 in sales."

To know more about margin ratio, profit, break-even point visit:

https://brainly.com/question/31961846

https://brainly.com/question/32381738

https://brainly.com/question/32507413

#SPJ11

When the group's retained earnings are consolidated, the post-acquisition profits will be worth R 495 000.

To determine the post-acquisition profits to be included in the group's retained earnings, the acquisition date has to be taken into consideration.

The acquisition took place on 28/02/x2, and the subsidiary's financial year ends on 30/06/x2, which means that the subsidiary recognized profits for four months (March, April, May, and June) prior to the year-end date. Thus, the post-acquisition profits would be calculated for the four-month period.

To determine the post-acquisition profits to be included in the group's retained earnings, we use the following formula:

Post-acquisition profits = Profit after tax × (1 - NCI) × Time ratioProfit after-tax  

                                      = R 1 485 000NCI

                                      = 0 (as 100% of the subsidiary was acquired)

Time ratio = 4/12

                 = 1/3

Therefore, Post-acquisition profits = 1 485 000 × (1 - 0) × 1/3

                                                         = 495 000

Therefore, the post-acquisition profits to be included in the group's retained earnings upon consolidation would be R 495 000.

To know more about consolidate, visit:

https://brainly.com/question/808482

#SPJ11

The correct alternative that will change government expenditures (G) is (b) increases old age pensions.

Government expenditures (G) represent the amount of money spent by the government on goods, services, and programs. In this case, the question asks which alternative(s) would lead to a change in government expenditures.

Option (a) mentions purchasing more goods. While government expenditures do include spending on goods and services, the question doesn't specify any exogenous change in the context of increased government purchases of goods, so it cannot be determined if this would result in a change in government expenditures.

Option (b) states increasing old age pensions. This is a specific government program that provides financial support to elderly individuals. If the government increases the amount allocated to old age pensions, it would result in a direct change in government expenditures. This increase in spending on old age pensions represents a portion of government expenditures.

Option (c) mentions selling off previously government-owned British Steel. Selling off assets, such as British Steel, is typically considered a revenue-generating activity rather than an expenditure. While it may impact the government's overall budget, it does not directly affect government expenditures.

Therefore, the correct alternative that will change government expenditures (G) is (b) increases old age pensions.

Learn more about Government expenditures (G) here:

https://brainly.com/question/29650055

#SPJ11

The annualized percentage all-in cost of this bankers' acceptance financing to Whatchamacallit is 4.52%.

Here the calculation:

* Discount on the sale of acceptance: $105,000 * 1.9% = $1995

* Annualized interest rate on the discount : $1995 / $105,000 * 360 / 30 = 1.9%

* Total cost of financing: $1995 + $475 = $2470

* Annualized percentage cost: $2470 / $105,000 * 100 = 4.52%

The discount on the sale of acceptance is calculated by multiplying the face value of the bankers' acceptance note by the discount rate. The annualized interest rate on the discount is then calculated by dividing the discount amount by the face value of the note and multiplying by the number of days in a year and the annual interest rate. The total cost of financing is the sum of the discount amount and the acceptance fee. The annualized percentage cost is calculated by dividing the total cost of financing by the face value of the note and multiplying by 100.

In this case, the annualized percentage cost of the bankers' acceptance financing is 4.52%. This means that Whatchamacallit will pay an extra 4.52% per year on the $105,000 loan in addition to the $475 acceptance fee.

Learn more about discount here:

https://brainly.com/question/31870453

#SPJ11

Men and women exhibit distinct negotiation styles, and their treatment by others in negotiation settings differs.

Research suggests that men and women often adopt different negotiation strategies. Men tend to be more assertive, competitive, and focused on maximizing personal gains. On the other hand, women often employ more collaborative and cooperative approaches, aiming to create mutually beneficial outcomes.

These divergent styles can stem from societal expectations and gender norms that shape individuals' behavior. Additionally, studies have shown that men are generally evaluated more positively than women in negotiation contexts.

Men's assertiveness is often seen as competent and effective, while women who display similar behavior may face negative perceptions such as being labeled as "bossy" or "aggressive." These biased evaluations can impact women's negotiation outcomes, making it essential to address such disparities and promote equal treatment and opportunities for all individuals in negotiation settings.

Learn more about negotiation strategies here:

https://brainly.com/question/33225624

#SPJ11