Answer:
January 2, 2020
Dr Cash $52,000
Cr Sales Revenue $52,000
December 31, 2020
Dr Warranty expense $890
Cr Cash $890
December 31, 2020
Dr Warranty expense$640
Cr Warranty Liabiltiy $640
Explanation:
Preparation of the journal entry to record this transaction on January 2, 2020, and on December 31, 2020.
January 2, 2020
Dr Cash $52,000
Cr Sales Revenue $52,000
December 31, 2020
Dr Warranty expense $890
Cr Cash $890
December 31, 2020
Dr Warranty expense$640
Cr Warranty Liabiltiy $640
$5,040 since Irene earned nearly earned about $4,800 less than what she would be making if she did not make her early withdrawal.
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.
Answer:
Explanation:
1)Moore's Law was created by Gordon Moore, the co-founder of Intel Corporation. Moore's Law states that the speed of a computer doubles every 18 months. Because of Moore's Law, the ratio of price to computer performance has fallen and the cost of storage, data processing, and communication have dropped to nearly zero and any routine skill can be outsourced to the lowest bidder.
2)The text defined job security as a "marketable skill and the courage to use it". To attain job security, business professionals should develop their non-routine cognitive skills such as collaboration, the ability to experiment, systems thinking, and abstract reasoning. This course in introductory MIS requires students to learn these four keys skills because every topic will require us to apply and practice these skills.
3)1. Course gives students necessary background to assess, evaluate, and apply emerging information technology to business
2. Course leads the path to job security by educating students in marketable skills
3. Numerous MIS jobs are available