Fun Games Company

1322 Words3 Pages

Fun Games Company

Fun Games Company was founded by Avery Rinehart to produce a novelty item marketed under the name Puzzler. Each Puzzler cost the company $14 to produce. In addition to these production costs that varied in direct proportion to volume (so-called variable costs), the company also incurred $4,000 monthly ¡°being in business costs (so-called fixed costs) irrespective of the month's volume. The company sold its product for $22 each.

As of December 31, Rinehart had been producing Puzzler for three months using rented facilities. The balance sheet on that date was as follows:

Balance Sheet

As of December 31

Assets

Cash $ 58,500

Accounts receivable 27,500

Inventory 14,000

$100,000

Show More
Related

  • The Organizational Structure Of Merlin Entertainments

    206 Words  | 1 Pages

    Merlin`s organisational type is a divisional organisation, this means that Merlin Entertainments has a central headquarters which then splits off into different divisions, which in turn make their own decisions and have their own structure. This organisation type is usually found in large and mature organisations that have a large variety of brands and will have products in different countries. This organisation structure allows more control and accountability than machine structures, this means that the structure is decentralised, which allows the central team to focus on the “big picture” and other strategies which would help the business to operate better as well as to help to boost profits for the company however a weakness in this organisations

    Read More

  • Dave And Busters Inc

    1745 Words  | 4 Pages

    The need among Americans to be diverted in ever more imaginative ways -- through high-thrill parks, virtual reality arcades, and theme restaurants, plays right into the hands of Dave Corriveau and Buster Corley, co-founders and CEO’s of Dave and Busters. The duo’s 50,000 square foot complexes include pool hall, an eye popping, cutting edge midway arcade, a formal restaurant, a casual diner, a sports bar and a nightclub rolled into one sprawling complex. In business since 1990, this is a high energy, highly efficient operation that’s comparable to a Vegas extravaganza. As a matter of fact there are even “for fun” cashless blackjack tables, with fake $10,000 chips. Pricey, but not outrageous, and you get value for your money.

    Read More

  • The Merchants of Cool

    722 Words  | 2 Pages

    In Rushkoff’s film, The Merchants of Cool, he rhetorically questions if “teenagers even have a culture to call distinctly their own.” In the late 1990’s when the documentary was made, the implication was that they do not. However, with the internet’s advancements and the accessibility of communication with massive amounts of people, teenagers today can form authentic cultures that are not contaminated by the corporate media.

    Read More

  • Ubisolf, a multinational Video-Game Developer

    520 Words  | 2 Pages

    The Guillemot family founded Ubisoft in March of 1986. Yves Guillemot, the chairman and the CEO, soon after made deals with MicroProse, Sierra On-Line and Electronic Arts to start distributing their games in France. The first game that was developed internally by Ubisoft was released in 1989 by the name of Zombi. By the end of the decade Ubisoft expanded worldwide. Ubisoft spread over 19 countries with 29 companies and it also has subsidiaries in 26 countries.

    Read More

  • JC Penney Company, Inc.

    420 Words  | 1 Pages

    J. C. Penney Company, Inc. Is one of America’s largest department store, drugstore, catalog and e-commerce retailers. Providing merchandise and services through department stores, catalogs, and the Internet.

    Read More

  • Nintendo: Pioneers in the Video Game Market

    991 Words  | 2 Pages

    Nintendo started as a small Japanese business by Fusajiro Yamauchi near the end of 1889 as Nintendo Koppai. Based in Kyoto, Japan, the business produced and marketed a playing card game called Hanafuda. In 1956, Nintendo’s president Hiroshi Yamauchi began to realize the limitation of playing cards business because it was viewed as a mere tool of gambling. In order to overcome the limitation, Nintendo struck a deal with Disney in 1959 which allowed them to put Disney characters on their playing cards. This opens up new markets where both children and homemakers started purchasing playing cards.5 Due to this success; Nintendo went public in 1962 and became a listed company in Osaka Stock Exchange. Soon after, Nintendo started to venture in other areas including Taxi Company, Food Company, etc. Most of them failed except for their toy making venture.

    Read More

  • Square Enix: Success in the Gaming Industry

    1498 Words  | 3 Pages

    Thought the years, one industry has grown. Even through the hardest times, the video game industry has flourished. As one of the largest video game companies in the world, Square Enix CO., LTD has produced over one hundred games in the early 1980's. When the gaming industry first began, its livelihood was questionable. Square Enix CO., LTD has answered that question with undeniable success. While it began as two separate companies, Square Enix has grown and rightfully taken its place as a leader in the video game market.

    Read More

  • Carvel Corporation

    1163 Words  | 3 Pages

    The Carvel Corporation is an American success story. Through hard work and luck its founder and President Tom Carvel turned a dream into a million dollar success. Thomas Andreas Carvelas was born July 14, 1906, in Athanassos Greece in 1910 his family immigrated to Danbury, Connecticut and finally settled in New York City in 1920. Ever since he was a child he has always dreamed of owning his own frozen custard shop. His first break came Memorial Day 1934 when he borrowed $15 dollars from his future wife Agnes Stewart, and bought a trailer load of custard to sell to vacationers in Westchester County, New York. He suffered a setback when his trailer got a flat tire in Hartsdale NY but luck was on his side. Pop Quinlan a pottery shop owner across the street allowed him to use his electricity to keep the custard from melting, Mr. Carvel continued selling from his broken down trailer for many years, this is how he became the nation's first retail ice cream company. Tom Carvel kept his trailer on the pottery lot. The first year he grossed $3,500.00. In 1937 he turned the trailer into a frozen custard stand and by 1939 his yearly gross income was $6,000 a year and he became known as the "Ice Cream King of the East".

    Read More

  • League Of Legends Research Paper

    1311 Words  | 3 Pages

    The company Riot Games Inc. the creators of League of Legends should revert the patch that was deployed on November 28th, 2011. The patch remade the “jungle” which altered the gold rewards, experience rewards, and gameplay. First off, there are three roads in League of Legends which are named after their locations, such as top, mid, and bottom lane. The bottom lane is considered the “side lane” and the top and bottom is considered “solo lanes.” The “jungle” is considered an off-road lane where a player can start besides the three lanes; where they kill minions and help “gank (is when an enemy is far from safety and the “jungle” player comes from the shadow of the off-road to kill them)” their teammates lane if they are losing or help them obtain the upper hand in a stalemate. The new “jungle” does not promote team play it only promotes the “jungle” player and the rest of the team to be “Rambo.” These changes were too drastic and hurt the core fundamental of the game, but some disagree.

    Read More

  • Goodwill Industries

    296 Words  | 1 Pages

    1. How might the implications of the P-L-O-C framework differ for an organization like Goodwill Industries versus a firm like Starbucks? (25 points) The implications of the Planning-Learning-Organizing-Controlling system differ from Goodwill versus Starbucks because the two are completely different companies in which the planning process is different as well. For example Goodwill’s planning process is to provide a hand up instead of a hand out. Goodwill has maintained their mission to treat others with respect and at least 84% of their revenue back into the company in order to create more employment.

    Read More

  • Game Station

    3414 Words  | 7 Pages

    I have chosen to have a Game station because I have lots of games and

    Read More

  • Pegasus Company

    1272 Words  | 3 Pages

    Pegasus Company has been in the industry for a long time now and has built a name and image for itself in the aerospace research and development. It is clear based on the current events in the company, that there is a high need for a restructuring within the organization to help ensure an effective and efficient competitive environment (Schein, 2004). The company in the current situation requires some serious measures and needs to be seriously considered for the well – being of the business.

    Read More

  • Board Games

    2755 Words  | 6 Pages

    Board Games have been around for centuries, and really and truly nothing much has changed about them. The basic idea is to compete against one or more opponents. True the games may have different rules and set ups, but the concept has remained the same that is until Heroscape entered the board game genera . Heroscape is unlike any board game you have ever played before. You as the player control armies of creatures that have been collected from across the universe and other dimensions. The story line of the game states that a race of beings resembling angles are at war and are using creatures as pawns to decide their victory. These creatures are vast in variety ranging from simple humans from World War II and the Wild West Era, to aliens form

    Read More

  • Educational Games

    1327 Words  | 3 Pages

    Media has been shaping our society since the era of print. Print gave way to radio, and radio to television. Now, television is giving way to a new medium, video games. Video games control a market that rivals big movie production, and draws the attention of billions around the world. Can this new media be harnessed for the betterment of education? Videogames are having a positive effect in today’s classroom. Case studies of educational games show, student test scores are improving, students are receiving constant and immediate feed-back, and students are expecting to use technology in school. Society is fascinated with new technology, and it would be negligent not to use the latest technological means to educate our future generations.

    Read More

More about Fun Games Company

Open Document