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2 years ago

Innovation Class! I am having a hard time coming up with ideas for my innovation class. Can you help me brainstorm or offer a fe

w ideas with the prompts below in mind? They need to be ideas rather than examples of things that are already in existence. Each idea needs to come from a separate prompt so if you can only think of an idea for one prompt, please still let me know your idea, I am grateful for any help I can get. Thank you so much!!
Prompts:

1. Substitute - Find a part or parts of an existing product or service and replace them for something else that makes the product/service serve a different purpose or work better for its current purpose.

2. Combine - Find two existing products or services and combine them to make a new product/service.

3. Adapt - Find an existing product/service that is targeted at a specific target market (for example, a product advertised for women specifically) and change that product in a way that makes it targeted at a different market.

4. Magnify/Minify - Find an existing product/service and make it smaller or larger. The new product/service could do something different than before or be targeted at a different audience than before.

5. Put to another use - Find an existing product/service and recycle it, so to speak. It should serve a completely different purpose now.

6. Eliminate - Take a part or parts of an existing product or service and eliminate them. The product should better serve its purpose or a different because of the elimination.

7. Rearrange - Find an existing service and rearrange the way it is completed. The customer could do part of it or the way it is completed could change.

Thank you so much for your help!!!

Business

1 answer:

Marrrta [24]2 years ago

5 0

<h2> $\mathfrak{ 1. Create your own “Three Ifs”2. Practice dreaming3. Make time for cohesive creative thinking4. Learn to pitch your ideas (in an elevator)5. Bounce \: ideas \: off \: others}$ </h2>

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Nancy and Tonya exchanged assets. Nancy gave Tonya her personal residence with an adjusted basis of $280,000 and a fair market v

azamat

Answer:

Realized gain $110,000

Recognized gain $110,000

Explanation:

The computation of the Tonya's realized and recognized gain is shown below:

Amount realized by Tonya (fair market value) $560,000

Less; Amount given by Tonya

Yacht: adjusted basis ($250000)

Assumption of Nancy's mortgage ($200000)

Realized gain $110,000

Recognized gain $110,000

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2 years ago

"what is unsolicited email that plagues employees at all levels and clogs email systems?"

Naddik [55]

Unsolicited email that plagues employees at all levels and clogs email systems is also known as spam. Spam emails are typically flooding everyone within the organization, with the same message and is usually something one would not choose to receive. The majority of spam emails that are sent out are commercial advertising which takes time away from receiving other necessary emails.

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3 years ago

During the first month of operations ended July 31, YoSan Inc. manufactured 2,400 flat panel televisions, of which 2,000 were so

photoshop1234 [79]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Units manufactured= 2,400

Units sold= 2,000

Sales= $2,150,000

Manufacturing costs:

Direct materials= $960,000

Direct labor= $420,000

Variable manufacturing cost= $156,000

Fixed manufacturing cost= $288,000

Total= $1,824,000

Selling and administrative expenses:

Variable= $204,000

Fixed= $96,000

Total= $300,000

<u>Under the absorption costing, the cost of goods sold is calculated using the direct materials, direct labor, and total unitary manufacturing overhead.</u>

First, we need to calculate the cost of goods sold:

Unitary product cost= total cost/units produced

Unitary product cost= 1,824,000/2,400= $760

Now, we can determine the net operating income:

Sales= 2,150,000

COGS= (2,000*760)= (1,520,000)

Gross profit= 630,000

Total Selling and administrative expenses= (300,000)

Net operating income= 330,000

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3 years ago

When the perpetual inventory method is being used, the accountant debits __________ __________ and credits Accounts Payable (or

777dan777 [17]

Answer:

merchandise inventory

Merchandise inventory

Explanation:

When the perpetual inventory method is being used, the accountant debits <u>merchandise inventory </u>and credits Accounts Payable (or Cash) when goods are purchased and debits Cost of Goods Sold and credits <u>merchandise inventor</u>y when gods are sold, along with the proper sales entry.

The cost of each sale transaction ensures that the merchandise inventory account under a perpetual inventory system reflects the updated cost of merchandise available for sale.

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3 years ago

On January 1, 2022, Concord Company issued $2,800,000 face value, 7%, 10-year bonds at $3,006,070. This price resulted in a 6% e

yaroslaw [1]

Answer:

Concord Company

Journal Entries:

i. The issuance of the bonds on January 1, 2022:

Debit Cash $3,006,070

Credit Bonds Payable $2,800,000

Credit Bonds Premium $206,070

To record the issuance of bonds at premium.

ii. Accrual of interest and amortization of the premium on December 31, 2022:

Debit Interest expense $180,364

Debit Premium Amortization $15,636

Credit Interest Payable $196,000

To accrue interest and record premium amortization.

iii. The payment of interest on January 1, 2023:

Debit Interest Payable $196,000

Credit Cash $196,000

To record payment of interest.

iv. Accrual of interest and amortization of the premium on December 31, 2023:

Debit Interest expense $179,426

Debit Premium Amortization $16,574

Credit Interest Payable $196,000

To accrue interest and record premium amortization.

Explanation:

a) Data and Calculations:

January 1, 2022:

Face value of bonds issued = $2,800,000

Proceeds from the bonds issue 3,006,070

Bonds Premium = $206,070

Coupon interest rate = 7%

Effective interest rate = 6%

Bonds maturity period = 10 years

Payment of annual interest = each January 1

December 31, 2022:

Interest expense = $180,364 ($3,006,070 * 6%)

Cash payment = $196,000 ($2,800,000 * 7%)

Amortization of premium $15,636 ($196,000 - $180,364)

Bonds' fair value = $2,990,434 ($3,006,070 - $15,636)

December 31, 2023:

Interest expense = $179,426 ($2,990,434 * 6%)

Cash payment = $196,000 ($2,800,000 * 7%)

Amortization of premium $16,574 ($196,000 - $179,426)

Bonds' fair value = $2,973,860 ($2,990,434 - $16,574)

Analysis:

i. The issuance of the bonds on January 1, 2022:

Cash $3,006,070 Bonds Payable $2,800,000 Bonds Premium $206,070

ii. Accrual of interest and amortization of the premium on December 31, 2022:

Interest expense $180,364 Premium Amortization $15,636 Interest Payable $196,000

iii. The payment of interest on January 1, 2023:

Interest Payable $196,000 Cash $196,000

iv. Accrual of interest and amortization of the premium on December 31, 2023:

Interest expense $179,426 Premium Amortization $16,574 Interest Payable $196,000

3 0

3 years ago