Assignment #8Read the Case study "Launching innocent into the Growing Fruit Smoothie Market" in Chapter 14. Answer the following questions:1. (2-3paragraphs) Innocent followed a very traditional new product development approach as described in Fig 14.9, but let's change it up a bit. Recreate the Product Development of Innocent using one of the other Models of New Product Development on pgs 503-508. Pick one and describe what activities would be taking place to bring Innocent to market based on the information in the case. There is a little bit of creativity here. The main thing is to demonstrate using the information provided in the Innocent case that you understand the alternative model.2. The software industry seems to have a very flexible NPD process enabling changes be made to the product at any time (Agile). What is an industry where this approach could also be applicable and how so? (Do not use the industries already discussed in the textbook including car manufacturing or mobile handsets) for the discussion board ,Business Models 1Where have you seen or experienced new business models due to Covid-19?https://www.entrepreneur.com/article/357527

The rubric is the most important resource and guideline to acheiving this assignment. pleases follow strictly. also there is about 9 pdf files that neccessary to compeleting the assignmnet.

Instructions: Using the information below, complete the bank reconciliation for both the "book" andthe "bank" sides and create all necessary adjusting journal entries.Details:Cash balance per company's records as of July 31st was $66,955.Bank statement balance as of July 31st was $15,875.A deposit in the amount of $52,000 was deposited into the night depository of the bank on July 31st but did not get recorded in the July 31st bank statement balance.Check #354 in the amount of $575 and check # 365 in the amount of $1,500 were outstanding as of this bank statement.An NSF check in the amount of $500 (written by J. Smith, a customer) was returned by the bank to the company in the July 31st bank statement.A bank service charge in the amount of $50 was included in the July 31st bank statement.Interest in the amount of $125 was deposited into our account by the bank.The bank collected $1,000 from a customer (H. Doe) on our behalf as part of the lockbox service that we established with the bank.The bank erroneously posted another company's check (i.e. withdrawal) in the amount of $5,000 to our account.The bank erroneously posted another company's deposit into our account in the amount of $3,000.After reconciling the bank statement, we noticed that a check that was written to pay for the current month's utilities in the amount of $250 was improperly recorded in our books as $520. (It was properly recorded in the bank statement as $250.)Each assignment must include a title page and reference page. Review the grading rubric to understand how you will be graded on this assignment. Review Module 5 Part 2 Lecture, Section 1 for examples related to your Critical Thinking assignment for this week. Reach out to your instructor if you have questions about the assignment.Note: The download the template required for this assignment is located in the Module 5 folder.