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Ganezh [65]
3 years ago
9

1. How is GE changing its business strategy and business model? What is the role of information technology in GE’s business? 2.

On what business functions and level of decision-making is GE focusing? 3. Describe three kinds of decisions that can be supported using Predix. What is the value to the firm of each of those decisions? Explain. 4. To what extent is GE becoming a software company? Explain your answer.
Business
1 answer:
NemiM [27]3 years ago
3 0

Answer:

See explanation section.

Explanation:

Requirement 1

General Electric (GE) is always helping people with a variety of modern technology. Therefore, its main aim is to focus on technology that assists the world with a faster data collection medium. The company is converting its business towards technology. With the help of Jet engines and oil-refining material, it can generate electric power. The cloud-based software changed the whole company. Now, the company is monitoring only about technology to become a successful software servicing company.

Requirement 2

As the future of the world is getting modernized, General Electric company is focusing on software and the Internet of Things. GE is trying to take its customers base from traditional on-site manufacturing to digital software-based operations. The launch of sensor-generating data has revolutionized the success. Using cloud-based data make the company more productive and reliable. The overall thinking towards the future is superlative.

Requirement 3

General Electric company launched Predix in 2015 to accumulate data. The three decisions to use Predix are -

1. As Predix can operate on each cloud infrastructure, it can provide sensor and analyze the data quite quickly.

2. Since Predix is a high standard cloud-based protocol, it enables customers to join quickly to the mechanical market.

3. With the help of Predix, each customer can adjust the size and range of the current levels of use to understand their requirements.

Requirement 4

People like to use from all over the world, General Electric (GE) equipment. They also like to mix that equipment with other companies' equipment to produce a high-qualified machine. As people are using more GE equipment with others, it is discussing the customers to handle the GE related equipment for a permanent basis. Therefore, it is becoming a software company.

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An investor purchases a 12-year, $1,000 par value bond that pays semiannual interest of $40. If the semiannual market rate of in
marysya [2.9K]

Answer:

Value of the bond = $862.013

Explanation:

The value of the bond is the present value of the future cash receipts expected from the bond. The value is equal to present values of interest payment and the redemption value (RV).

Value of Bond = PV of interest + PV of RV

The value of the bond can be worked out as follows:

Step 1

<em>Calculate the PV of Interest payment </em>

Present value of the interest payment

PV = Interest payment × (1- (1+r)^(-n))/r

Interest payment = $40

PV = 40 × (1 - (1.05)^(-12×2)/0.05)

= 40 × 13.7986

= 551.945

Step 2

<em>PV of redemption Value </em>

PV of RV = RV × (1+r)^(-n)

= 1000 × (1.05)^(-12×2)

= 310.067

Step 3

<em>Calculate Value of the bond  </em>

= 551.94567 + 310.067

=862.01

Value of the bond = $862.013

 

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Fitzgerald Tech owns 20,000 shares of Buchanan Industries, which it purchased for $450,000 in 2016. On March 6, 2020, Fitzgerald
cupoosta [38]

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The debit to the retained earning should be $750,000 for this transaction because that is the market value of the asset to be distributed as dividend.

Explanation:

Property dividend is a form of dividend payout that involves distribution of company`s assets to equity holders as a form of return. These assets can be inventory, marketable securities or investment in a subsidiary.

For this distribution to be formal, it must be approved by the board of directors of the company. After approved and declared, the accounting entries can now be passed.

The accounting entries needed are:

Debit: Retained Earnings with the amount of the asset distributed.

Credit: Dividend Payable with the amount of the asset distributed.

It is important to note that  the market value of asset to be distributed should be considered i.e the market value of the asset must be recognized in the book. The difference in book value and market value of the investment will be recognized in respective asset ledger account prior transfer to retained earnings.So that the market value of the investment is recognized on the debit side of retained earnings

In the case of Fitzgerald, $750,000 will be debited to retained earnings since it is the market value of the asset to be distributed.

8 0
3 years ago
In a lease contract, the party to whom the rights to use the asset are granted is called the:____.
lesya692 [45]

A lease is a contractual arrangement where one party, called the lessor, provides an asset for use by the other party, referred to as the lessee, based on periodic payments for an agreed period. The lessee pays the lessor for the usage of the asset or property

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6 0
2 years ago
Vertis Corporation is interested in cutting the amount of time between when a customer places an order and when the order is com
morpeh [17]

Answer:

12

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Let plug in the formula

Throughput time=5+0.6+0.4+6

Throughput time=12

Therefore the Throughput time will be 12

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