Proactive Change: Disney World Gets Out Front with Its MagicBand
The Walt Disney Company is taking a giant proactive stride: investing $1 billion into a wearable technology that it hopes will revolutionize the way visitors spend money at Walt Disney World. It begins with the MyMagic+ vacation-planning system, which features a website ("My Disney Experience") and data-collecting wristbands ("MagicBands") that interact with scanners throughout the 40-square-mile theme park.
YOUR CALL
Do you think Disney is on to something? Could the technology be applied to zoos, Las Vegas resorts, and other venues, as the company hopes? How?

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Lipman auto parts, a family-owned auto parts store, began january with $10,300.00 in cash. management forecasts that collections from credit customers will be $11,400.00 in january and $14,800.00 in february. the store is scheduled to receive $5,000.00 in cash on a business note receivable in january. projected cash payments include inventory purchases ($13,000.00 in january and $13,600.00 in february) and operating expenses ($2,700.00 each month). lipman auto parts' bank requires a $10,000.00 minimum balance in the store's checking account. at the end of any month when the account balance dips below $10,000.00, the bank automatically extends credit to the store in multiples of $1,000.00. lipman auto parts borrows as little as possible and pays back loans in quarterly installments of $2,000.00, plus 4 percent interest on the entire unpaid principal. the first payment occurs three months after the loan.