Description: After a couple of “off years” during the pandemic, the giant Consumer Electronics Show (CES) was back in full force in Las Vegas during the first week of January. CES offered lots of previews of what’s coming in electronic gadgets, including an improved touchless kitchen faucet from Moen, a dual-screen laptop by Lenovo, and budget laptops with lots of promised performance. Those looking to improve their sleep hygiene may be impressed by the Hatch Restore 2, a system with simulated sunset and sunrise routines to wind you down at night and wake you up in the morning. For those of us looking for a bit of help with our cleaning, the Noesis Florio 2-in-1 Robotic Floor Cleaner holds promise.
Date: January 6, 2023
1) Do you typically consult product reviews (like Wirecutter or other similar services) prior to purchasing new electronics? If so, what has been your best experience so far?
2) If you could choose any one of these items Wirecutter reviewed at the CES, which would it be? Why?
3) Page 9-26 of Wiley’s Financial Accounting: Tools for Business Decision-Making discusses research and development costs. What criteria must a company meet before it can start recording development costs for a new product as an asset ?