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Oxana [17]
3 years ago
6

Gamapro, a company that manufactures gaming devices, has launched a new gaming console along with a new set of games for the new

version of the console. However, the games designed for the previous versions of the consoles can also be used on the new console because of backward compatibility. Which of the following concepts does this scenario best illustrate?
A) Unfreezing
B) Generational change
C) Refreezing
D) Technological lockout
Business
1 answer:
Westkost [7]3 years ago
8 0

Answer: (B) Generational change  

Explanation:

 The generation change is one of the concept that basically refers to the generation gap process in terms of their values, thinking process, different point of views, and their beliefs.

It is also known as the perceived gap between the two different types of generations and there are various types of generation change causes that is increase in the life expectancy, society mobility and also the rapid growth of the culture.

According to the given scenario, the generation change is one of the main concept that helps in illustrating the given situation of the backward capabilities.

Therefore, Generation change is the correct answer.

 

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On December 1, Year 1, Jack’s Snow Removal Company received $6,000 of cash in advance from a customer and promised to provide se
AVprozaik [17]

Answer:

Increase Revenue, Decrease Liability

Explanation:

On December 1, They have recognized a liability of $6,000

with the journal entry:

(DR) Cash                $6,000

(CR)   Unearned Revenue       $6,000

Now, on December 31 let's assume that the expiration is an exact

per month division of $2,000 ($6,000 / 3 months)

The adjusting entry would be:

(DR) Unearned Revenue     $2,000

(CR)      Service Revenue             $6,000

The first effect is clear, there is an Increase in Revenue since  

the company have rendered the services.

Now, the second effect is that the Liabilities have decreased

because of the debit to "Unearned Revenue" which is a liability.

4 0
3 years ago
On January 2, 2020, Howdy Doody Corporation purchased 18% of Ranger Corporation's common stock for $52,000. Based on its ownersh
Arlecino [84]

Answer:

The Total amount is shown in the income statement $34,240

Explanation:

The computation of the amount that should be presented in the 2020 income statement is shown below:

Dividend collected by Howdy Doody corporation (18% of $68,000) $12,240

rise in Fair value of Stock credited to the income statement ($74,000 - $52,000) $22,000

The Total amount is shown in the income statement $34,240

8 0
3 years ago
Lincoln, Inc., which uses a volume-based cost system, produces cat condos that sell for $90 each. Direct materials cost $15 per
pogonyaev

Answer:

The gross profit margin for the cat condo is 50%

Explanation:

Since the gross profit per unit is not given, so first we have to find it. The calculation is shown below:

= Selling price per unit - Direct materials cost per unit - direct labor costs per unit - Manufacturing overhead per unit

= $90 per unit - $15 per unit - $10 per unit - $20 per unit ( $10 per unit × 200%)

= $45 per unit

Now apply the Gross profit formula which is shown below:

= (Gross profit per unit ÷ selling price per unit) × 100

= ($45 per unit ÷ $90 per unit) × 100

= 50%

7 0
3 years ago
The level of liquid assets that should be invested in marketable securities depends on several factors. This includes all except
-BARSIC- [3]

Answer:

c.

Explanation:

Based on the information provided within the question it can be said that the exception of the answers provided are seasonal cash requirements. This refers to the amount of cash you or the company needs to pay for unique expenses during a specific season. Which is not a factor when deciding what should be invested in marketable securities.

7 0
3 years ago
True or false: Without knowing the future, it is best to have a cost structure with high variable costs.
konstantin123 [22]

Answer:False

Explanation:It is not obvious which cost structure is better, both have advantages and disadvantages

7 0
2 years ago
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