Steve Jobs has achieved a great deal of success. What are some possible negative consequences of the level of power that he holds?

Answers

Answer 1

Answer: People can claim his work or inventions as their own.

Related Questions

The following assets in Jack’s business were sold in 2020: Asset Holding Period Gain/(Loss) Office equipment 6 years $1,100 Automobile 8 months ($ 800) ABC stock (capital asset) 2 years $1,400 Office equipment, purchased for $8,000, had a zero adjusted basis. The automobile was purchased for $2,000 and sold for $1,200. The ABC stock was purchased for $1,800 and sold for $3,200. In 2020 (the year of sale), Jack should report what amount of net capital gain and net ordinary income?
Dollar General uses a cost leadership strategy. The Dollar General slogan is "Save time. Save money. Every day!®" Dollar General will be more effective if it has a mechanistic structure. Which of the following reasons explain this? Check all that apply.-Narrow spans of management ensure that employees operate efficiently.-Centralized decision making allows the organization to place tighter controls on the way work is done and, in the process, achieve economies of scale
Sidewinder, Inc., has sales of $714,000, costs of $348,000, depreciation expense of $93,000, interest expense of $58,000, and a tax rate of 25 percent. The firm paid out $88,000 in cash dividends. What is the addition to retained earnings? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)Duela Dent is single and had $180,800 in taxable income. Use the rates from Table 2.3. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)Calculate her income taxes.Prepare a balance sheet for Alaskan Peach Corp. as of December 31, 2019, based on the following information: cash = $203,000; patents and copyrights = $857,000; accounts payable = $286,000; accounts receivable = $263,000; tangible net fixed assets = $5,200,000; inventory = $548,000; notes payable = $179,000; accumulated retained earnings = $4,686,000; long-term debt = $1,150,000. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)
Watkins Associated Industries is a highly diversified company with three divisions: Trucking, Seafood, and Construction. Assume that the company uses return on investment and residual income as two of the evaluation tools for division managers. The company has a minimum desired rate of return on investment of 10% with a 30% tax rate. Selected operating data for three divisions of the company follow.Trucking Division Seafood Division Construction DivisionSales $1,250,000 $800,000 $950,000Operating assets 650,000 300,000 400,000Net operating income 146,250 52,800 79,6001) Compute the return on investment for each division. 2) Compute the residual income for each division.
The government has the ability to influence the level of output in the short run using monetary and fiscal policy. There is some disagreement as to whether the government should attempt to stabilize the economy. Which of the following are arguments in favor of active stabilization policy by the government?a. Shifts in aggregate demand are often the result of waves of pessimism or optimism among consumers and businesses.b. The current tax system acts as an automatic stabilizer.c. Businesses make investment plans many month in advance.d. The Fed can effectively respond to excessive pessimism by expanding the money supply and lowering interest rates.

The Fabricating Department started the current month with a beginning Work in Process inventory of $11,100. During the month, it was assigned the following costs: direct materials, $77,100; direct labor, $25,100; and factory overhead, 70% of direct labor cost. Also, inventory with a cost of $114,500 was transferred out of the department to the next phase in the process. The ending balance of the Work in Process Inventory account for the Fabricating Department is:a.$16,370.

b.$113,300.

c.$83,839.

d.$198,339.

e.$68,970.

Answers

Answer:

a.$16,370.

Explanation:

beginning WIP cost: 11,100

cost added during the period

materials 77,100

direct labor 25,100

overhead 70% of DL = 17,570

total added 119,770

Total cost to be accounted for: 130,870

Cost assignned to

transferred out 114,500

ending WIP 16.370‬

Total cost assigned to 130,870

As the cost to be accounted and the cost assigned to should match we contruct that and solve for the ending WIP

After extrapolating the results of performing substantive tests on a sample of accounts from the accounts receivable subsidiary ledger, Allen CA concluded that the accounts receivable balance was materially misstated. In fact, the balance was materially correct. This situation illustrates the risk of:A.Incorrect rejection.B. Incorrect acceptance.C. Assessing control risk too low.D. Assessing control risk too high

Answers

Answer: A. Incorrect rejection

Explanation:

INCORRECT REJECTION, in accounting, is the risk the sample supports the conclusion that the recorded balance is materially misstated when it is not materially misstated.

Research shows that projects dedicated to information security policies fail due to eight common perceived missteps. Which of the following is not one of the missteps? a. Unclear purpose: This refers to the clarity of value the project brings.b. Doubt: This refers to the need for change; it is necessary to explain why what is in place today is not good enough.c. Lack of organizational incentives: This refers to the inability to motivate behaviorsd. Lack of complexity: This refers to an oversimplication of policies that sacrifices depth and nuance.

Answers

Answer:

d. Lack of complexity: This refers to an oversimplication of policies that sacrifices depth and nuance.

Explanation:

Projects dedicated to information security policy are improved by lack of complexity . When the process for project execution is simplified, it is easy to understand and execute the various project stages, making processes more efficient. Simplification is a valuable tool businesses are using more and more to reduce wastage and increase returns.

On the other hand complexity in a project makes it hard to understand, and easier to make time-wasting mistakes.

A company's fixed costs are $1,500,000, the unit selling price is $250, and the unit variable costs are $130. The amount of sales required to realize an operating income of $200,000 is Group of answer choices

Answers

Answer:

The answer is 14,167 units

Explanation:

Target sales is the amount of sales a company has projected itself to sell within a particular period.

Target sales(in units) =

(Fixed cost + target income) / contribution margin

Where contribution margin is sales in unit minus variable costs

($1,500,000 + $200,000) / $250 - $130

$1,700,000/$120

=14,167 units

Therefore, 14,167 units is the amount of sales that will need to be recorded to generate an operating income of $200,000

A bond was issued three years ago at a price of $1,050 with a maturity of six years, a yield-to-maturity (YTM) of 6.50% compounded semi-annually, and a face value of $1,000 with semi-annualy coupons. What is the price of this bond today immediately after the receipt of today's coupon if the YTM has risen to 7.75% compounded semi-annually

Answers

Answer:

$967.20

Explanation:

the YTM formula = {coupon + [(face value - present value)/time]} / [(face value + present value)/2]

to determine the coupon rate we fill the equation with the known factors:

0.065 = {coupon + [(1,000 - 1,050)/12]} / [(1,000 + 1,050)/2]

0.065 = (coupon - 41.67) / 1,025

66.625 = coupon - 4.167

coupon = 66.625 + 4.167 = $70.792

three years later, the YTM = 7.5%, what is the PV? Again we use the YTM formula:

0.0775 = {70.792 + [(1,000 - x)/6]} / [(1,000 + x)/2]

0.0775(500 + 0.5x) = 70.792 + 166.67 - 0.1667x

38.75 + 0.03875x = 237.462 - 0.1667x

0.20545x = 198.712

x = 198.712 / .20545

x = $967.20

There is a possibility of a safety hazard for a manufactured product. As yet, no claim has been made for damages, though there is a reasonable possibility that a claim will be made. If a claim is made, it is probable that damages will be paid and the amount of the loss can be reasonably estimated. This possible loss must be:

Answers

Answer:

Accrued: No; Disclosed: No

Explanation:

In accrual accounting an expense or revenue is only recorded when incurred and earned respectively.

In this instance there is a possibility of a safety hazard for manufactured product.

Since no claim has been made yet we do not accrued any amount.

The principle of full disclosure requires that a business discloses information that significantly influenced a business's financial statement.

No claims have been made on the safety hazard, although there is reasonable possibility a claim can be made and damages can be estimated.

For the business this is irrelevant to be disclosed as no claim has actually been mad that can affect the business.

Other Questions

If the inflation rate is positive power is ?. This situation is reflected in the ? Rate of return on an investment, which will be ? The ? Rate of return

U.S. residents accounted for over 75 percent of cruise ship passengers, and U.S. ports had 8 million passengers leaving on cruises in 2004. The growth in cruise travel was phenomenal after the terrorist attacks on September 11, 2001. According to a situational analysis, this event created an _____ for the industry.

Rice Dazzle Inc. has been making the same breakfast cereal for 50 years. Recently, sales have plummeted. To counteract this, the company created a new package that included an endorsement by a celebrity. As a result, sales increased close to previous highs. However, the cereal itself remained the same. According to the VRIO framework, is the new packaging a valuable resource for Rice Dazzle?

1 pointif the price decreases from Rs10 to Rs 8 of a commodity butthe quantity demandedremains the same , priceelasticity is * oneO zeroO infinityO none of these