Answer to Question #253264 in Management for rah

Question

Martin has recently decided to start a multimedia company that will film productions for various platforms. He intends for his company to be leading in content production for DSTV, showmax and Netflix as well as his own channel, Martin TV.

With reference to the above scenario, explain three non-current assets that Martin is most likely to have in his business.

use examples to justify your non-current selection. 

Answer 1

Motor Vehicles. Automobiles are used for transportation. Martin TV's employees will be transported by automobiles. They will also be utilized to convey equipment that Martin TV journalists will use to gather news, such as cameras, to name a few. These vehicles could be equipped with satellites to ensure stable connectivity and news broadcasting from the ground.

Equipments. Martin TV will put in place equipments like studio mixing boards, microphones, hardware encoder, scheduler eti cetera. These equipments are very fundamental for setting up a media station like Martin TV.

Land. Martin TV will construct its station on land that is a fixed asset. Offices, newsrooms, and even retail will be housed in these structures.