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Sergeu [11.5K]
4 years ago
8

Suppose there are only two firms that sell smartphones: Flashfone and Pictech. The payoff matrix that follows shows the profit (

in millions of euros) each company will earn, depending on whether it sets a high or low price for its phones. Pictech Pricing High LowFlashfone Pricing High 11, 11 2, 18 Low 18, 2 10, 10For example, the lower-left cell shows that if Flashfone prices low and Pictech prices high, Flashfone will earn a profit of $10 million and Pictech will earn a profit of $3 million. (Hint: Assume this is a simultaneous game and that Flashfone and Pictech are both profit-maximizing firms.)Required:a. If Flashfone prices high, Pictech will make more profit if it chooses:_________b. If Pictech prices high, Flashfone will make more profit if it chooses:_________
Business
1 answer:
juin [17]4 years ago
3 0

Answer:

bybokpppgd<em><u>мјуичжжччќпиѕгвч9уфцчјхгфсааЗззззР</u></em>

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Armando Company owns 17,000 of the 70,000 shares of common stock outstanding of Tito Company and exercises a significant influen
mario62 [17]

Answer:

The correct answer is C

Explanation:

Equity method is the method which involve the process for treating the investment in the associate companies. The proportional share of investor, in the associate company's net income income increases the investment whereas net loss decreases the investment and the proportional payments of dividends decrease it.

So, in this case, the Armando company owning the 17,000 of the 70,000 shares of Tito company, therefore, the investment should be accounted by the equity method.

5 0
3 years ago
When ethan suspended brittany for two months without pay for violating the company's code of conduct, he was exercising ______ p
12345 [234]
He is exercising coercive power. Coercive power<span> is the ability to influence someone's decision making by taking something away as punishment or threatening punishment if the person does not follow instructions. It can be a severe way to get staff members to follow along with a company plan, but it can be necessary in some cases.</span>
3 0
3 years ago
Axle Co.'s accounts receivable turnover was 9.9 for this year and 11.0 for last year. Betterman's turnover was 9.3 for this year
Zina [86]

Answer: Axle has the better turnover for both years.

Explanation:

Accounts Receivable Turnover ratio is used to measure the amount of times in a year that a company is able to collect payment from it's Receivables.

A higher Accounts Receivable Turnover ratio indicates that the company is doing well in collecting their Receivables and as such are not trying down working capital because it is not be reinvested to put back into the business.

Axle had a Turnover ratio of 11 last year and a Turnover of 9.9 this year which is better than Betterman in both years. This means that Axle had the best Turnover for both years.

7 0
4 years ago
Read 2 more answers
Suppose a soccer coach has been making $25,000 per year but gives up his coaching job in order to make lace dollies. If his reve
Andru [333]

Answer:

$ 5000

Explanation:

Economic Profit = Revenue - Cost of Material - Opportunity Cost

Economic Profit = 50,000-20,000-25,000

Economic Profit = $5000

7 0
4 years ago
Which of the following options communications sent to more than 25 prospective customers must be approved by the designated Regi
Rudik [331]

Answer:

D. All of the above

Explanation:

The options that are communicated and sent to more than 25 prospective customers must be in writing before to the use of Principal prior. It involves advertising, sales literature, and independent prepared reprints

The sales literature and the appearance with respect to the public are the 2 communciation channels for the public which do not required the permission of ROP as it followed firm policies and procedures

Hence, the correct option is d.

8 0
4 years ago
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