Its Instagram unit has more than 300 million users, while mobile messaging app WhatsApp, which it purchased for $19 billion in cash and stock in 2014, has 700 million users and is growing. (“Forbes Mag.”) Zuckerberg made two major life changes in May 2012. Facebook had its initial public offering, which raised $16 billion, making it the biggest internet IPO in history. How Zuckerberg's company will handle this influx of cash remains to be seen (Williams 56). But Zuckerberg may be looking at more acquisitions.
* Question 1 2 out of 2 points | | | Which of the following statements is CORRECT? | | | | | | | Correct Answer: | Sole proprietorships and partnerships generally have a tax advantage over many corporations, especially large ones. | | | | | * Question 2 0 out of 2 points | | | Which of the following statements is CORRECT? | | | | | | | Correct Answer: | One of the disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability. | | | | | * Question 3 0 out of 2 points | | | You recently sold 100 shares of your new company, XYZ Corporation, to your brother at a family reunion.
In 2013 the couple sold their house for $500,000 and bought a new house for $700,000 in cash. When they sold their house they paid 6% to the real estate agent which in total was $30,000 in fees. They file jointly and had joint ownership of the sold property. Research Issue Is the sale of the home in 2013 made by Mr. Junkiewicz and his wife a taxable transaction? Law and Analysis The taxpayer relief act of 1997 exempted from taxation the profits on the sale of a personal residence of up to $500,000 for married couples filing jointly and $250,000 for singles.
We must first start off with GameStop as the most obvious. According to Reuters.com “GameStop has gone from having about $1.2 billion in debt after it bought Electronics Boutique in 2005 to generating an estimated $500 million in free cash..”(Reuters, 2012) This type of bank account offers GameStop a wide range of efforts to build into their existing storefront structure and expand to build other stores and increase development into their digital delivery service as mentioned before. CanGo has 164 million in working capital that is definitely strength in the financial aspects of venturing into the online gaming market. GameStop is in a booming game market; however its weakness is that it has the obstacles of intense competition and piracy concerns. We move on to Xbox that has an overwhelming advantage for being in the online gaming business since 2002.
Next, a $100 discount arrived at retail stores, yet still, the TouchPad couldn't touch the iPad. Then at last, HP had a dramatic change of heart, deciding to discontinue the TouchPad line and radically reduce prices, to $99 for each device. Suddenly, HP had its Apple moment. Lines were soon out the door, with customers camping outside in the earling morning before retail stores opened. The TouchPad topped the charts at Amazon--sold out everywhere online including at HP.com.
Understanding the Market CanGo’s position in the online retailing market has been a success for a small business. Moreover, the company’s Initial Public Offering has given CanGo an opportunity for expansion into the online gaming industry. Currently, in the United States, 68.7 million households have internet access and forty-one percent of that population spends their leisure time playing video and online games. (GSAY, 2011) In fact, online gaming has now become a large segment of the gaming industry due to the increased availability of internet access to consumers and the variety of games available for different age groups. For example, the average age of online gamers are 25-44 years of age, which includes about 95 million people or more that play online games.
The history of MADD is a long and prosperous one; they have opened the public to the devastating effects of drunk driving. How did it all happen? Twenty-five years ago MADD setup an office in Cari’s old bedroom and got to work. They began gathering information and statistics about the negative effects of drunk driving. At the beginning MADD was funded off of small $5 and $10 dollar donations.
According to Rainer & Turban (2008), “By 2007, Amazon had spent 12 years and some $2 billion building the infrastructure of its online store, which is among the biggest and most reliable in the world.” However, Amazon does not use but a small amount of its processing capacity at any one-time so the company decided to provide a series of computing, storage, and other services that make its infrastructure available to companies and individuals to help them run the technical and logistical parts of their businesses (Rainer & Turban, 2008). The three services are Simple Storage Service (S3), the Elastic Compute Cloud (EC2), and the Mechanical Turk. However, competition is steadily increasing with other Web sites such as Google and Microsoft for it to become the preferred first stop on the Web (Rainer & Turban, 2008). MySpace and YouTube, websites owned by Google, have become prime places for many people to gather online
At the beginning it was just an online bookstore. Six years later, Amazon used their own inventory management, distribution infrastructure, fulfillment, and customer service model to become the one of the biggest online-shopping company. By 2000, over 75 percent of U.S. consumers recognized the Amazon.com brand, and the Interbrand ranked the company as the 48th most valuable brand worldwide. The number of customers increased from 14 million in 1999 to over 20 million in 2000. However, a successful company like Amazon.com also has its own actual problems.
Technological knowledge is a must for everybody to not be left behind in a fast-paced environment we live in. But even this statement is somewhat outdated. Now taking part and being in social media is a necessity to be synchronized with the new life changing. Lakshmi Chaudhry points it out explaining how easy it became for some people to gain fame through technology, “An honor once reserved for World leaders […] down the street”. And is it possible to say that this knowledge is part of this modern literacy?