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ExtremeBDS [4]
3 years ago
13

While Sony and Microsoft focused on the graphics and raw processing power favored by hard-core male gamers, Nintendo chose to de

velop a machine to appeal to families, women, and age groups that normally shunned violent games. The strategy adopted by Nintendo in this example is the _____ strategy.
A) straddling
B) customer engagement
C) blue ocean
Business
1 answer:
nirvana33 [79]3 years ago
4 0

Answer:

While Sony and Microsoft focused on the graphics and raw processing power favored by hard-core male gamers, Nintendo chose to develop a machine to appeal to families, women, and age groups that normally shunned violent games.

The strategy adopted by Nintendo in this example is the _____ strategy.

C) blue ocean

Explanation:

Blue ocean is a strategy that says innovation, simultaneous pursuit, and low cost are key concepts to achieve a successful business and establish an advantage in the market. It is a very proactive system that allows the constant improvement, elimination, reduction, and creation of corporate actions. It is a global and general perspective that allows the management team to know the state of the company at any time.

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All of the following options are good tips for borrowing money EXCEPT...
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An investor whose highest priority is getting the largest gains possible, even if
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Answer: A. Hedge funds

Explanation:

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The city of New Orleans has 200 advertising companies, 199 of which employ designers of normal ability at a salary of $100,000 a
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Answer:

a. $700,000

86%

c. No

Explanation:

a. Jacobs will earn $700,000 per year. This equals the normal salary for a designer, $100,000, plus the economic rent he collects for his special talent, $600,000.  

6/7 or 0.857 or 86% of his salary is thus economic rent. This is found by 600,000/700,000

b. The answer is No. If Jacobs’s employer withholds some of the additional revenue it takes in as a result of hiring him, some other advertising company will offer him a higher salary and still manage to earn an economic profit. Bidding for Jacobs will continue until firms are indifferent between paying him $600,000 and hiring any other designer for $100,000.

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3 years ago
Pincus Associates uses the allowance method to account for bad debts. During 2021, its first year of operations, Pincus provided
il63 [147K]

Answer:

What journal entry did Pincus record to write off uncollectible accounts during 2021

In 2021, the company wrote off uncollectible accounts of $10,800.  

Dr Allowance for Uncollectible Accounts $ 10,800

Cr Accounts receivable $ 10,800

and to recognize bad debt expense for 2021?

Pincus estimates that 5% of the accounts receivable balance at 12/31/2021 will prove uncollectible  

Dr Bad Debt Expense $ 1,520

Cr Allowance for Uncollectible Accounts $ 1,520

Explanation:

Pincus provided a total of $268,000 of services on account  

Dr Accounts receivable $ 268,000  

Cr Sales $ 268,000  

In 2021, the company wrote off uncollectible accounts of $10,800.    

Dr Allowance for Uncollectible Accounts $ 10,800  

Cr Accounts receivable $ 10,800  

If the company use the allowance method to account for bad debts, at the moment of the write off the company debits the Allowance for Uncollectible Accounts that was previously estimated with a credit to account receivable, to reflect the new accounts receivable balance.

By the end of 2021, cash collections on accounts receivable totaled $226,800  

Dr CASH $ 226,800  

Cr Accounts receivable $ 226,800  

BALANCE  

Dr Accounts receivable $ 30,400  

Pincus estimates that 5% of the accounts receivable balance at 12/31/2021 will prove uncollectible  

Dr Bad Debt Expense $ 1,520  

Cr Allowance for Uncollectible Accounts $ 1,520  

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