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Lemur [1.5K]
2 years ago
3

Walt disney company's investment of $1 billion into a wearable technology that it hopes will revolutionize the way visitors spen

d money at walt disney world, featuring a website ("my disney experience") and data-collecting wristbands ("magicbands") that interact with scanners throughout the 40-square-mile theme park, is an example of proactive change.
Business
2 answers:
vichka [17]2 years ago
7 0

Yes the statement is True. This is the Proactive change that the Walt Disney adopted.

Proactive change is the self initiated action or activity with the hope of a positive change. Proactive approach is basically acting in advance of the future situation instead of reacting to that. So proactive change is the self initiated action of changing in advance.

Walt Disney knows that people will respond in a good manner to the wearable technology, so they invested the big amount of $1 Billion in a hope that this technology will revolutionize the way visitors spend money at their place. So they take the Proactive change approach and took the decision in advance.

dimulka [17.4K]2 years ago
6 0
The statement above is TRUE.
There are many types of change models in the business world and proactive change is one of them.
Proactive change is the type of change that is generated as a result of continued analysis of the business environment for signs of impeding change so that business performance can be improved. Proactive companies do not wait for things to happen and then react to them, instead they identify and exploit opportunities by taking actions proactively.
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Hopkins Company has taken a position in its tax return to claim a tax credit of $70,000 (direct reduction in taxes payable) and
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Answer:

The amount of the additional projected liability that should be recognized is $28,000

Explanation:

For computing the amount of the additional projected liability, we have to apply the formula which is shown below:

= Tax benefit in 20% - Tax benefit in 40%

= $70,000 - $42,000

= $28,000

The other information which is given in the question is irrelevant. So, it is not been considered in the computation part. Hence, it is ignored.

We took the higher value between $42,000 and $14,000.

5 0
2 years ago
The free cash flow to the firm is reported as $275 million. The interest expense to the firm is $60 million. If the tax rate is
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Answer:

269 million

Explanation:

The free cash flow to the firm is 275 million

The interest expense is $60 million

The tax rate is 35%

The net debt of the firm increases by $33 million

Therefore the free cash flow to the equity holders of the firm can be calculated as follows

= 275 million-60 million(1-35/100) + 33 million

= 275 million- 60( 1-0.35) + 33 million

= 275 million- 60(0.65) +33 million

= 275 million - 39 million + 33 million

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= 269 million

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2 years ago
Be5-4, Prepare the journal entries to record the following transactions on Novy Company’s books using a perpetual inventory syst
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Answer:

a: March 2

Dr Accounts Receivable 900,000

Cr Sales Revenue 900,000

March 2

Dr Cost of Good Sold 590,000

Cr Inventory 590,000

b. March 6

Dr Sales Returns and Allowances 90,000

Cr Accounts Receivable 90,000

March 6

Dr Inventory 62,000

Cr Cost of Goods Sold 62,000

c. March 12

Dr Cash 793,800

Dr Sales Discount 16,200

Cr Accounts Receivable 810,000

Explanation:

Preparation of Journal entries using a perpetual inventory system

a. March 2

Dr Accounts Receivable 900,000

Cr Sales Revenue 900,000

(To record sale of merchandise)

March 2

Dr Cost of Good Sold 590,000

Cr Inventory 590,000

b. March 6

Dr Sales Returns and Allowances 90,000

Cr Accounts Receivable 90,000

(To record sale of merchandise)

March 6

Dr Inventory 62,000

Cr Cost of Goods Sold 62,000

c. March 12

Dr Cash 793,800

(98%*810,000)

Dr Sales Discount 16,200

(2%*810,000)

Cr Accounts Receivable 810,000

(900,000-90,000)

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Indigo Ink Supply paid a dividend of $4.5 last year on its common stock. It is expected that this dividend will grow at a rate o
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Answer:

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D2 = $5.25

D3 = $5.67

D4 = $6.12

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Dividend paid by Indigo Ink Supply at year 0 = Do =  $4.5

Growth rate for the first five years = 8%

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D4 = $5.67(1+8%) = $6.12

D5 = $6.12(1+8%) = $6.61

D6 = $6.61(1+3.6%) = $6.85

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