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tatiyna
3 years ago
15

How theory and thinking on innovation and creativity can contribute to applied practice ​

Business
1 answer:
konstantin123 [22]3 years ago
5 0

Creativity and innovation both contribute to applied practice.

Explanation:

Creativity refers to the way in which new ideas related to a particular item is brought in reality. Innovation refers to the way of implementing the new idea that was not recognized before. The items are unique in nature.

Creativity deals with new ideas as well as different possibilities that are used to solve problems as well as helps in communicating with others. Creativity also helps in entertainment purpose. These are the ways where innovation and creativity  contribute to applied practice.

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Answer:

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3 years ago
Initiatives intended to improve an organization's positive impact on society and the natural environment are called:
ikadub [295]

Green marketing initiatives are intended to improve an organization's positive impact on society and the natural environment.

 

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6 0
3 years ago
On April 1, a patent with an estimated useful economic life of 12 years was acquired for $1,500,000. In addition, on December 31
Tasya [4]

Answer:

April 1

Debit : Patent $1,500,000

Credit : Cash $1,500,000

December 31

Debit : Amortization $125,000

Credit : Accumulated Amortization $125,000

December 31

Debit : Impairment loss  $6,000,000

Credit : Accumulated Impairment loss $6,000,000

Explanation:

Both the Amortization and Impairment loss reduce the value of assets. They are therefore expenses accounted in Income Statement.

Amortization : is the loss of value of an asset due to passage of time.

Amortization Expense = (Cost - Residual Amount) ÷ Useful Life

                                     = ( $1,500,000 - $ 0) ÷ 12

                                     = $125,000

Impairment loss : is the excess of the Carrying Amount of an Asset over its Recoverable Amount( Higher of Value in Use and Fair Value less Cost to Sell)

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2 years ago
FIRST ANSWER GETS BRAINLIEST!
klio [65]

Answer:

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Explanation:

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Talarczyk Company sold 10,000 Super-Spreaders on December 31, 2017, at a total price of $1,000,000 cash, with a warranty guarant
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Answer:

Explanation:

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Warranty expense - $40,000

Unearned warranty revenue - $12,000

Cash = 1,000,000+12,000 = $1,012,000

Warranty liability - $40,000

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3 years ago
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