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olchik [2.2K]
3 years ago
13

In the video game console industry, Magnitude was the first firm to introduce a console in the market. However, consumers were u

ncertain about the product, and its high costs discouraged consumers from purchasing it. Eventually, Magnitude withdrew the product from the market. A few years later, Mantel and Adventura came up with their respective gaming consoles and successfully established their products. Mantel and Adventura will be considered as:A. pioneers.B. early followers.C. laggards.D. late movers.
Business
1 answer:
Vanyuwa [196]3 years ago
7 0

Answer:

B. early followers

Explanation:

Based on the information provided within the question it can be said that in this scenario Mantel and Adventura would be considered early followers. Early Followers or better known as First Followers, refers to the company or companies that enter the market shortly after the first company has already entered into that market. They do this to see the barriers that the first company has already overcome and are able to do it easier.

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Pronghorn Corporation began operations on January 1, 2020 when $236,000 was invested by shareholders of the company. On March 1,
Over [174]

Answer:

a. $7,100

b. -$6,400

c. -$13,500

d. -$13,500

Explanation:

The computation is shown below:-

a. Net income

Net income = Cash interest

= $7,100

b. Comprehensive Income = Net Income - unrealized holding loss

= $7,100 - $13,500

= -$6,400

c. Other Comprehensive Income = unrealized holding loss

= -$13,500

d. Accumulated other comprehensive income:

Ending Balance of other comprehensive income = Beginning Balance + During this year

= $0 + (-$13,500)

= -$13,500

3 0
3 years ago
If the Japanese production function is Cobb–Douglas with capital share 0.3, output growth is 3 percent per year, depreciation is
miss Akunina [59]

Answer: The saving rate is 0.30

Explanation:

The Golden Rule savings rate is referred to as the rate of savings which maximizes steady state level or growth of consumption.

Let k be the capital/labour ratio (i.e., capital per capita), y be the resulting per capita output ( y = f(k) ), and s be the savings rate. The steady state is referred to as a situation in which per capita output is unchanging, which implies that k be constant. This requires that the amount of saved output be exactly what is needed to one quip any additional workers and two replace any worn out capital.

In a steady state, therefore: sf(k)=(n+d)k

Growth rate of output =3%

Depreciation rate= 4%

Capital output ratio is (K/Y)

= 2.5

Begin the steady state condition:

S= ( σ + n + g) (k/Y)

S= (0.03+0.04) (2.5)

S= 0.175

Golden rule steady state

MPK= (0.03+0.04)= 0.07

Capital output ratio=

K/Y= Capital share / MPK

K/Y= 0.3/0.07

K/Y= 4.29

In the golden state, the capital output ratio is equal to 4.29 in comparison to the current capital ratio 2.5.

The saving rate consistent with the steady growth rate

S= ( σ + n + g) (k/Y)

S= (0.03 +0.04) (4.29)

S= 0.30

The saving rate that is consistent with the steady growth rate is 0.30

6 0
3 years ago
The following is the ending balances of accounts at December 31, 2018 for the Weismuller Publishing Company.
Crazy boy [7]

Answer:

Weismuller Publishing Company

A Classified Balance Sheet at December 31, 2018

Assets:

Current Assets:

Cash                                                $77,000

Accounts Receivable   172,000

less allowance             <u> 22,000</u>      150,000

Investments                                    152,000

Inventories                                      291,000

Prepaid Expenses                           <u> 94,000</u>         $764,000

Long-term Assets:

Prepaid Expenses                           66,000

Machinery & Equipment 332,000

less Accumulated Depr.  <u>116,000</u> 216,000       <u> $282,000</u>

Total Assets                                                      <u>$1,046,000</u>

Current Liabilities:

Accounts payable                        $66,000

Interest payable                             26,000

Deferred revenue                          86,000

Taxes payable                                36,000

Notes payable:

   Six months                 46,000

   One year                   <u>26,000 </u>    <u>72,000</u>          $286,000

Long-term Liabilities:

Notes payable:

   Two or more years              52,000

   Six years                              <u>106,000</u>              <u>$158,000</u>

Total Liabilities                                                   $444,000

Equity:

Authorized Common Stock, 700,000 shares

Issued Common Stock       $406,000

Retained Earnings                <u> 196,000</u>             <u>$602,000</u>

Total Liabilities + Equity                               <u>$1,046,000</u>

<u></u>

Explanation:

a) Prepaid Expenses are classified as follows:

Current Assets: $160,000 - $66,000 = $94,000

Long-Term Assets = $66,000 ($132,000/2)

Since a year's lease is due in the next year.

b) Investments are classified as current because they include treasury bills maturing on January 30, 2019, and marketable securities saleable next year.

c) Deferred Revenue is a current liability.

d) The classifications of notes payable are indicated in the balance sheet.

8 0
3 years ago
An investor who has a margin account with his brokerage firm buys 100 shares of Quick Flip Inc. Later that day, the investor sel
Hoochie [10]

Answer:

Yes  this sequence of transaction is considered as a day trade.

Explanation:

As per the definition of the day trading, <em>Day trading is defined as the purchase and sale of a security within a single trading day. It can occur in any marketplace but is most common in the foreign exchange (forex) and stock markets.</em>

As per this definition, the trading has to be done such that the purchase and sale is made on the same day. As indicated in the question ,this is the case so the given sequence of transactions is a day trade.

6 0
3 years ago
PLZ HELP MEEEEEEEEEE​
Akimi4 [234]

Answer:

D

Explanation:

7 0
3 years ago
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