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3 years ago

Choose a company you know of that you think is good at innovation, describe at least one innovative thing that company has done.

Business

1 answer:

drek231 [11]3 years ago

7 0

Answer:

3M is the one of the most innovative companies which this world has ever seen.

Sticky Post-it-Notes, is the most important innovations of 3M.

Explanation:

3M is the most innovative organisation, ever, on the face of the earth. There are many innovative products 3M has invented; ranging from Scotchguard for your shoes protection, and Scotch Tapes for giving your shoes entirely a new look and feel, phone cases, skins for laptops etc.

Sticky Post-it-Notes, is the most important innovations of the 3M, which changes the many work-related and home-based methods which previously were used for saving and memorizing the information.

How Sticky Post-it-Notes got invented

One of the project team at 3M was working on making glue, the formula went wrong. On analysis, they came to know that they have invented a new kind of glue which is sticky, adhesive and at the same time it can be peel off from the surface as well, so, from here they reached towards a totally new type of product, which is known to today's world as Sticky Post-it-Notes.

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Last year Electric Autos had sales of $100 million and assets at the start of the year of $150 million. If its return on start-o

kvv77 [185]

Answer:

22.50%

Explanation:

Amount of return on asset = Rate of return * Asset value

Amount of return on asset = 15% * $150 million

Amount of return on asset = $22.5 million

Operating profit margin = Amount of return on asset / Sales

Operating profit margin = $22.5 million / $100 million

Operating profit margin = 0.225

Operating profit margin = 22.50%

8 0

3 years ago

Bridgeport Corp. has these accounts at December 31: Common Stock, $10 par, 4,800 shares issued, $48,000; Paid-in Capital in Exce

lozanna [386]

Answer:

Total stockholders' equity is $ 100,140

Explanation:

The stockholders' equity section of the balance sheet comprises of the common stock total par value ,the paid-in capital in excess of par value,plus the retained earnings minus the value of treasury stock

Stockholders' equity section of Bridgeport Corp. balance sheet

Common stock,$10 par value,4,800 shares issued $48,000

paid-in capital in excess of par $18,300

total paid share capital $ 66,300

retained earnings $ 43,300

total paid share capital and retained earnings $ 109,600

treasury stock ( $9,460)

Total stockholders' equity $ 100,140

3 0

3 years ago

Read 2 more answers

The partners share profits and losses in the ratio of 5:3:2, respectively. The partners agreed to dissolve the partnership after

vovangra [49]

Answer:

$30,000

Explanation:

The computation of the amount received by Janet is given below:

Loss on sale of other assets is

= $150,000 - $50,000

= $100,000

Share of Janet in loss is

= $100,000 × 5 ÷ 10

= $50,000

So,

Janet revised capital balance is

= $80,000 - $50,000

= $30,000

6 0

3 years ago

When a cube of manganese oxide was added to a solution of hydrogen peroxide, water and oxygen were produced. Manganese oxide was

levacccp [35]

Answer:

The Manganese oxide would rather speed up the rate of reaction.

Explanation:

In this reaction, manganese oxide is the catalyst and catalyses the decomposition of hydrogen peroxide. Chemically this reaction can be written as:

2H_2O_2 -> O_2 + 2H_2O

MnO2 does not show itself in the equation because it is a catalyst.

A catalyst is a substance that speeds up a chemical reaction, but is not consumed by the reaction; hence a catalyst can be recovered chemically unchanged at the end of the reaction it has been used to speed up, or catalyze.

5 0

4 years ago

Victor Rumsfeld Inc.'s dividend policy is under review by its board. Its projected capital budget is $2,000,000, its target capi

Tanzania [10]

Answer:

The residual dividend is -$200,000, therefore If the company follows a residual dividend policy the total dividends will be $0

Explanation:

In order to calculate the total dividends, if any, will it pay out, we would have to calculate first the residual dividend a follows:

residual dividend=forecasted net income-(percentage equity*capital budget)

According to the given data we have the following:

forecasted net income=$600,000

percentage equity=40%

capital budget=$2,000,000

Therefore, residual dividend=$600,000-(40%*$2,000,000)

residual dividend=-$200,000

The residual dividend is -$200,000, therefore If the company follows a residual dividend policy the total dividends will be $0

8 0

4 years ago