How can you best protect your own intellectual property?

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

In the context of the environment, globalization critics argue that Select one: A. manufacturing enterprises are put at a compet

ss7ja [257]

Answer:

C) adhering to labor and environmental regulations significantly increases the costs of manufacturing enterprises.

Explanation:

Many times large corporations move their production facilities to countries with very few or nonexistent environmental regulations. That way they can lower production costs and avoid any type of fine or penalty associated with polluting the environment. The same happens with labor laws, corporations look for countries with cheap labor and the fewest or weakest labor laws. In the US labor is restricted to a certain number of hours per week and a minimum wage, while that operate in some Asian countries force their workers to work 12-16 hours per day and pay them only a few cents per day.

But somehow this scenario seems to work for some poor countries, e.g. China has grown a lot and is currently leaving behind certain practices specially by enforcing a minimum wage on factories. But the leaders of other poor countries apparently are fine with the situation and are not interested in changing it. They probably fear that if they apply strict labor and environmental laws, foreign corporations will leave.

8 0

3 years ago

Presented below are a number of balance sheet items for Tamarisk, Inc. for the current year, 2020.

Roman55 [17]

Answer:

Tamarisk, Inc.

Classified Balance Sheet

As of December 31, 2020:

ASSETS:

Current Assets:

Cash $362,340

Equity investments (trading) 123,330

Notes receivable 448,040

Income taxes receivable 99,960

Inventory 242,140

Prepaid expenses 90,260

Total current assets $1,366,070

Equipment 1,472,340

Accumulated

Depreciation (292,490) 1,179,850

Buildings 1,642,330

Accumulated

Depreciation (270,446 ) 1,371,884

Land 482,340

Goodwill 27,340

Total long-term assets $3,061,414

Total assets $4,427,484

LIABILITIES

Current Liabilities

Accounts payable 492,340

Payroll Taxes Payable 179,931

Income taxes payable 100,702

Rent payable (short-term) 47,340

Discount on bonds payable 15,490

Notes payable (to banks) 267,340

Total current liabilities $1,103,143

Bonds payable 302,340

Rent payable (long-term) 482,340

Notes payable (long-term) 1,602,330

Total long-term liabilities $2,387,010

Total Liabilities $3,490,153

EQUITY

Common stock, 400,000 shares authorized

Issued, 202,340 shares at

$1 par value 202,340

Preferred stock, 200,000 shares authorized

Issued, 15,234 shares at

$10 par value 152,340

Retained earnings 582,651

Total Equity $937,331

Total liabilities & Stockholders' equity $4,427,484

Explanation:

a) Data:

Account Title Debit Credit

Cash $362,340

Equity investments (trading) 123,330

Notes receivable 448,040

Income taxes receivable 99,960

Inventory 242,140

Prepaid expenses 90,260

Equipment 1,472,340

Accumulated Depreciation-Equipment $292,490

Buildings 1,642,330

Accumulated Depreciation-Buildings 270,446

Land 482,340

Goodwill 27,340

Accounts payable 492,340

Payroll Taxes Payable 179,931

Income taxes payable 100,702

Rent payable (short-term) 47,340

Discount on bonds payable 15,490

Notes payable (to banks) 267,340

Bonds payable 302,340

Rent payable (long-term) 482,340

Notes payable (long-term) 1,602,330

Common stock, $1 par value 202,340

Preferred stock, $10 par value 152,340

Retained earnings 582,651

Total $4,990,420 $4,990,420

4 0

3 years ago

3.Auto Detailing, Inc. had the following transactions on August 1:

inna [77]

Answer:

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Explanation:

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6 0

3 years ago

During the month of April, direct labor cost totaled $15,000 and direct labor cost was 30% of prime cost. If total manufacturing

Andru [333]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

During April, direct labor cost totaled $15,000 and direct labor cost was 30% of prime cost. If total manufacturing costs during April were $79,000.

Manufacturing cost= direct material + direct labor + manufacturing overhead

Prime cost= direct material + direct labor

50,000= DM + 15,000

Direct material= 35,000

79,000= 35,000 + 15,000 + manufacturing overhead

manufacturing overhead= 29,000

8 0

3 years ago