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QUESTION 1 In 2008 the chainsaw industry had two major competitors, Garnett Corporation and Vrabel Enterprises. In subsequent years, a third rival entered the industry,

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QUESTION 1 In 2008 the chainsaw industry had two major competitors, Garnett Corporation and Vrabel Enterprises. In subsequent years, a third rival entered the industry, aggressively pursuing customers as the industry grew. That new firm, Martinez Inc., established significant market share by 2014. In the table below, you will find selected financial information for Gannett and Vrabel in 2008, as well as data for all three firms in 2014. Analyze that data and evaluate the strategies and performance of each firm in 2014. 2008 2014 Garnett Corporation Vrabel Enterprises Garnett Corporation Martiner Inc. Vrabel Enterprises Revenue S 100,000,000 $ 100,000,000 $ 120,000,000.0 89,000,000 $ 125.000.000.0 Gross Profit $ 35,000,000 $ 20,000,000 42,000,000 $ 18,000,000 $ 25,000,000 R&D S 9,000,000 $ 3,000,000 s 10,800,000 $ 6000.000 $ 3.750,000 SG&A $ 12,000,000 $ 3,500,000 s 15,600,000 $ 7,200,000 $ 4375,000 Net Income $ 11,000,000 $ 10,500,000 $ 12.000.000 $ 2,400,000 $ 13.125,000 Total Assets $ 133,333,333 71 08571 $ 150,000,000 $ 89,000,000 $ 78.125,000 V TT T Arial 3 (12pt) T. 9. E- Words Path: P Click Save and Submit to see and submit Click e All Answers to all ans

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