Coca-Cola ’s distinctive trademark is more valuable to the company than its bottling plants. But the company’s bot-tling plants are listed in the balance sheet, and the famous trademark isn’t. Explain.
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Coca-Cola ’s distinctive trademark is more valuable to the
company than its bottling plants. But the company’s bot-
tling plants are listed in the
trademark isn’t. Explain.
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- ABC Corporation is the sole_providerof a particular service.in-the country.The government has-opened themarket for another competitorthrough an anti-monopoly law. Whatshould ABC-do? A. Assess how this would affect the business and determine whether it can improve production processes, lower costs, and improve its service.B. Purchase all available raw materials and prevent the competitor from having smooth operations.C. Identify its rights in the constitution to prevent the new competitor to exist.D. Reduce negative environmental and community impact through corporate social responsibility and persuade the government to not implement the law.Certain industries have difficulty taking care of the earth (Oil&Gas, Construction, Chemicals, Plastics…). How should companies in such industries report under the Triple Bottom Line (TBL)framework?Paper factories emit chemicals as a waste product. This generates a cost to society that is not paid for by the firm; therefore, pollution is a negative externality of paper production. Suppose the U.S. government wants to correct this market failure by getting firms to internalize the cost of pollution. To do this, the government can charge firms for pollution rights (the right to emit a given quantity of chemicals). The following graph shows the daily demand for pollution rights. Use the graph input tool to help you answer the following questions. You will not be graded on any changes you make to this graph. Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly. Suppose the government has determined that the socially optimal quantity of chemical pollution is 120 million tons per day. One way governments can charge firms for pollution rights is by imposing a per-unit tax on emissions. A tax (or price…
- Fields Laboratories holds a valuable patent (No. 758-6002-1A) on a precipitator that prevents certain types of air pollution. Fields does not manufacture or sell the products and processes it develops. Instead, it conducts research and develops products and processes which it patents, and then assigns the patents to manufacturers on a royalty basis. Occasionally it sells a patent. The history of Fields patent number 758-6002-1A is as follows. Date: Activity: Cost: 2001-2002 Research conducted to develop precipitator P384,000 Jan 2003 Design and construction of a prototype 87,600 Mar 2003 Testing of models 42,000 Jan 2004 Fees paid engineers and lawyers to prepare patent application; patent granted June 30, 2000 59,500 Nov 2005 Engineering activity necessary to advance the design of the precipitator to the manufacturing stage 81,500 Dec 2006 Legal fees paid to successfully defend precipitator…Centennial Company developed a trademark to distinguish its products from those of the competitors. Through advertising and other means, the entity is seeking to establish significant product identification to increase future sales. The similarity between the trademark costs and other intangible and operating costs has caused some confusion over proper accounting. The following items are being treated as part of the cost of the trademark: Marketing research to study consumer tastes Design costs of trademark Legal fees of registering trademark Advertising to establish recognition of trademark Registration fee with Patent Office 400,000 1,500,000 150,000 200,000 50,000 What is the initial cost of the trademark?Which of the following cost-saving actions can potentially result in a company gaining a sustainable cost advantage over rivals because the company's actions to cut costs cannot be detected by rivals from the information in either the FIR or the Comparative Competitive Efforts section of the CIR? Copyright O by Glo-Bus Software, Inc Copying, distributing, or 3rd pagy website posting isexpressly prohibited and constinutes copyright violation O Making it a company policy never to produce branded footwear with higher than a 3.0-star S/Q rating O Actions to escape paying any import tariffs Always delivering orders to retailers at the lowest possible cost Never offering a mail-in rebate Investing in production improvement option A to reduce reject rates by 50%, big reductions in the incentive bonus paid to production workers per non-defective pair produced, and never spending any money on corprorate social responsibility and citizenship
- Laboratories holds a valuable patent (No. 1122098) on a device that prevents certain types of air pollution. Kaboom does not manufacture or sell the products and processes it develops; it conducts research and develops products, which it patents, and then assigns the patents to manufacturers on a royalty basis. The history of Patent No. 1122098 is as follows:Date Activity Cost20x1-20x2 Research conducted to develop device P1,259,100Jan. 20x3 Design and construction of a prototype 262,800Mar. 20x3 Testing of models 126,000Jan. 20x4 Legal and other fees to process patent application; patent granted June 20x4186,150Nov. 20x5 Engineering activity necessary to advance the design of the device to the manufacturing stage244,500April 20x7 Research aimed at modifying the design of the patented device 129,000May 20x8 Legal fees paid in a successful patent infringement suit against a competitor102,000 Kaboom assumed a useful life of 17 years when it received the initial device patent. On January…Fields Laboratories holds a valuable patent (No. 758-6002-1A) on a precipitator that prevents certain types of air pollution. Fields does not manufacture or sell the products and processes it develops. Instead, it conducts research and develops products and processes that it patents, and then assigns the patents to manufacturers on a royalty basis. Occasionally it sells one of its patents. The history of Fields patent number 758-6002-1A is as follows. Date Activity Cost 2011 − 2012 Research conducted to develop precipitator $369,000 Jan. 3, 2013 Design and construction of a prototype (capitalization criteria not yet met) 88,200 Mar. 15, 2013 Testing of models 40,400 Jan. 4, 2014 Fees paid to engineers and lawyers to prepare patent application; patent granted January 4, 2014 64,800 Nov. 30, 2015 Engineering activity necessary to advance the design of the precipitator to the manufacturing stage 82,500 Dec. 31, 2016 Legal fees paid to successfully…Fields Laboratories holds a valuable patent (No. 758-6002-1A) on a precipitator that prevents certain types of air pollution. Fields does not manufacture or sell the products and processes it develops. Instead, it conducts research and develops products and processes that it patents, and then assigns the patents to manufacturers on a royalty basis. Occasionally it sells one of its patents. The history of Fields patent number 758-6002-1A is as follows. Date Activity Cost 2011 − 2012 Research conducted to develop precipitator $384,000 Jan. 3, 2013 Design and construction of a prototype (capitalization criteria not yet met) 90,900 Mar. 15, 2013 Testing of models 42,200 Jan. 4, 2014 Fees paid to engineers and lawyers to prepare patent application; patent granted January 4, 2014 51,900 Nov. 30, 2015 Engineering activity necessary to advance the design of the precipitator to the manufacturing stage 83,000 Dec. 31, 2016 Legal fees paid to successfully…
- Queetion . What are the plausible reasons GENERAL MILLS use the LIFO method for its US inventories? (Select all the apply.) O US GAAP allows for LIFO while IFRS (international accounting standards used outside the US) prohibits LIFO O To record lower depreciation and amortization expenses O To increase operating cash flows O To serve its US customers with the freshest (i.e., most recent) products first while serving stale products to its international customers O To save on taxes O To report higher profitsMyers Inc. manufactures biodegradable bottles. Since this is a patented method of producing environmentally-friendly plastic, they cannot use an overseas contractor. They will make the products in the United States. What criteria would you use to assess their business model? O The production expertise scale will tell if the company is ready to partake in such a venture. O The fixed costs need to be compared to other similar companies in the U.S. The standardization of the product is making it more expensive to produce, as the copyrights are implemented. O Since the product will be outsourced, the manager needs to assess the simplicity of the supply chain. Even though the manufacturing costs are high, the transportation costs will be low. O The minimum efficient scale will tell the minimum volume they need to produce to reach economies of scale. The quality of the in-house product needs to be constantly inspected, as they will not use outside sourcing.Requirements: a. Assume both Sawyer and Brown are new machine dealers and that the machines are still new. Also, assume that the exchange lacks commercial substance. At what amount will, Machine A be recorded on Brown’s books? b. Given the assumption in letter a, at what amount will Machine B be recorded on Sawyer’s books? c. Assume that instead of dealers, both Sawyer and Brown are machine manufacturers and use the machines in production. Assume the exchange lacks commercial substance. At what amount will Brown record machine A? d. Given the assumptions in C above, at what amount will Sawyer record Machine B? e. Given the assumption in no.3 above except in the fair values of Machines A and B are $504,000 and $450,000, respectively, at what amount will Brown record Machine A? f. Return to the original problem. Assume that Sawyer is a dealer selling new machines and that Brown is a manufacturer. Assume that the exchange has commercial substance. For this transaction, at what amount will…