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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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Tonya operates a nail salon as a sole proprietorship. Tonya also owns and rents an apartment building. This year Tonya had the f

Gala2k [10]

Answer:

Tonya's AGI $70,335

Explanation:

Tonya's AGI:

Revenue from salon $215,900

Salaries paid to beauticians ($113,125)

Nail salon supplies ($58,500)

Salon's operating income $44,275

Interest income $28,138

Rental revenue from apartment building $78,050

Depreciation on apartment building ($32,250)

Real estate taxes paid on apartment building ($27,750)

Rental income $18,050

Alimony paid to her husband $15,000

Self-employment tax on salon income $3,128

Interest expense on education loan $2,000

Tonya's AGI $70,335

Real estate taxes paid on Tonya's house and charitable contributions are itemized deductions (below the line deductions).

3 0

3 years ago

Dragon Inc. a NJ based construction firm is evaluating whether to replace an aging machine with a new model. For the old machine

Vilka [71]

Answer:

It should replace the old machine. In the current accounting period.

Explanation:

We need to perform a relevant cost analysis:

Keep the machine:

F0 = $0

F1 = $1500 maintenance

F2 = $3,000 maintenance

F3 = $6,000 maintenance

F4 = $12,000 maintenance

F5 =$24,000 maintenance + 250 resale value

replace the machine:

F0 = -12,000 purchase + 4,000 sale of old machine = -800

F1 = $900 maintenance

F2 = $900 maintenance

F3 = $900 maintenance

F4 = $900 maintenance

F5 =$900 maintenance + 1,500 resale value

As revenues are the same for each machine, we ignore them. We will only focus on the cost each machine generate:

We solve for the present worth of each machine with a discount rate of 12%

$\displaystyle PV_{old} = -\frac{1,500}{1.12} - \frac{3,000}{1.12^2} - \frac{6,000}{1.12^3} - \frac{12,000}{1.12^4} - \frac{23,750}{1.12^5}\\\\\displaystyle PV_{old} = -29,104.15$

$\displaystyle PV_{new} = -8,000 - \frac{900}{1.12} - \frac{900}{1.12^2} - \frac{900}{1.12^3} - \frac{900}{1.12^4} + \frac{600}{1.12^5}\\\\\displaystyle PV_{new} = -10,393.16$

As the present worth of the new machine is lower, the best decision for the company is to purchase the new machine and sale the old machine.

Delaying this will incur in higher maintenance cost (1,500 - 900)

and a lower recovery value (4,000 - 2,000)

As there is no cost saving for delaying the purchase, it should be made immediately.

8 0

3 years ago

During the RFP stage, B2B buyers:

Thepotemich [5.8K]

Answer:

The correct answer is c. invite suppliers to bid on supplying what is requested.

Explanation:

B2B sales require special attention due to the profile of your buyer.

In this type of sale, buyers have a position much more linked to decision making, so they spend more time on a detailed and critical analysis of the proposal.

The B2B buyer chooses companies that allow the creation of strong business relationships, with a guarantee of supply and deadlines.

This is because B2B negotiations demand an effort, time and investment that, in case of any inconvenience, it can be difficult to recover and find a new supplier.

7 0

4 years ago

The following information is available for Amos Company for the year ended December 31, 2017. Balance of retained earnings, Dece

kvv77 [185]

Answer:

The retained earnings of Amos company for the year ended 31st December 2017 is $1,016,400.00

Explanation:

In calculating retained earnings for 2017, I began with prior year retained earnings of $866,000,deducted depreciation net of taxes not recorded previously.

After,having adjusted retained earnings for prior year, I added net income for the year 2017 of $216,000

Finally,I deducted dividends paid during 2017 of $25000 to arrive at closing retained earnings for 2017 as shown in the attached.

Download xlsx

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3 years ago

Juan recently completed 20 years of service in the army. during this time, he managed to save a little money and is entitled to

malfutka [58]

The suggestion suitable for Juan’s situation is for Juan to check out the enterprises zones in the Colorado. Having to check this out will help him to know where to locate his small business and to have a solution in terms of limiting his tax liability in his business.

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3 years ago