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skelet666 [1.2K]
2 years ago
14

within just a few years of its inception, uber was operating in more than 35 countries around the world. by moving into new mark

ets early, uber hoped to capitalize on
Business
1 answer:
tatuchka [14]2 years ago
4 0

Considering the situation described above, by moving into new markets early, uber hoped to capitalize on the "<u>first-mover advantage</u>."

The first-mover advantage is a term often used in the business or strategy world to describe the company's capacity to be more successful than its competitors due to being the first company to enter the market in a new product category or new location.

Thus, when Uber moves to a new market early in a new country or location where there are no platforms like Uber, it is believed that Uber hoped to capitalize on a first-mover advantage to gain customers and revenues.

Hence, in this case, it is concluded that the correct answer is "first-mover advantage."

Learn more here: brainly.com/question/20714310

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Luma Inc. has provided the following data concerning one of the products in its standard cost system.Col1 Inputs Direct material
polet [3.4K]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Standard cost= 6.90 per ounce

Standard quantity= 4.8 ounces per unit

Actual output 2,100units

Actual price of raw materials $7.80 per ounce

Actual cost of raw materials purchased $81,900

Raw materials used in production 10,090 ounces.

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (6.9 - 7.8)*10,090= $9,081 unfavorable

3 0
3 years ago
A $30,000 note payable is retired at its $30,000 carrying (book) value in exchange for cash. The only changes affecting retained
netineya [11]

Answer:

                               Ikiban Inc.

                     Statement of Cash flows

               For the Year Ended June 30, 2017

Cash flow from operating activities:

Net income                                                               $117,510

Adjustments to net income:

  • Depreciation expense $67,600
  • Decrease in inventory $27,200
  • Decrease in prepaid expenses $1,900
  • Increase in accounts receivable ($18,500)
  • Gain from sale of equipment ($3,000)
  • Decrease in accounts payable ($9,500)
  • Decrease in wages payable ($9,900)
  • Decrease in taxes payable ($2,800)          <u>   $53,000</u>

Net cash flow from operating activities                 $170,510

Cash flow from investing activities:

Purchase of new equipment                                 ($67,600)

Disposal of old equipment                                   <u>   $13,500</u>

Net cash flow from investing activities                 ($54,100)

Cash flow from financing activities:

Issuance of common stock                                   $69,000

Retirement of note payable                                 ($30,000)

Distributed dividends                                           <u>($106,310)</u>

Net cash flow from financing activities                 ($67,310)

Net cash increase                                                   $49,100

<u>Cash balance June 30, 2016                                 $53,000</u>

Cash balance June 30, 2017                                 $102,100

4 0
3 years ago
An oligopoly a. is a type of imperfectly competitive market. b. has a concentration ratio of less than 50 percent. c. is a price
andrew-mc [135]

Answer:

Option A

is a type of imperfectly competitive market

Explanation:

<em>An oligopoly is a market arrangement where a few number of producer/sellers dominate and control the market. </em>

<em>Usually, in this type of imperfect ,market, firms would always need to collude to increase their prices for their  products which are relatively differentiated products</em>

These firm together have a concentration ratio of more than 50% i.e they control more than 50% of  the entire market share.

Answer

is a type of imperfectly competitive market

7 0
3 years ago
JCPenney Company is expected to pay a dividend in year 1 of $1.65, a dividend in year 2 of $1.97, and a dividend in year 3 of $2
arlik [135]

Answer:

c = $71.80.

Explanation:

So, from the question above, it is given that the dividend in the first year = $1.65, the dividend in the second year = $2.54, the dividend for the third year  grows at the rate of 8% and the appropriate required return for the stock = 11%.

The first thing to do here is to determine the terminal value. The terminal value can be calculated as below as;

Terminal value = [ 2.54 × ( 1 + 8/100) ÷ (11/100 - 8/100) ]  = 91.44

The value of the stock today can be calculate as be as:

The value of the stock today = 1.65 / (1 + 11/100 )¹ + 1.97 /  (1 + 11/100)² + 2.54 / (1 + 11/100)³ + 91.44 /  (1 + 11%)³ = $71.80.

Therefore,  stock should be worth $71.80 today.

7 0
3 years ago
A person who has downloaded the Flipboard app on his or her smartphone to get full-screen magazines, multiple news and entertain
My name is Ann [436]

Based on the provided information, the motivation for using a mobile application is socializing.

<h3>What is a Mobile app?</h3>

Mobile app can be regarded as computer program that is been run on mobile tablet for various purposes.

Therefore, Flipboard app on his or her smartphone to get full-screen magazines, multiple news serves a social propose.

Learn more about Mobile app at;

brainly.com/question/917245

3 0
1 year ago
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