Larkspur, Inc. has the following transactions during August of the current year.
Aug. 1 Opens an office as a financial advisor, investing $4,900 in cash in exchange for common stock.
4 Pays insurance in advance for 6 months, $1,980 cash.
16 Receives $400 from clients for services performed.
27 Pays secretary $1,890 salary. Journalize the transactions.
Required:
1. Record the journal entries of above transactions.

Is exploiting a distinctive competence or improving efficiency for competitive advantage. (a) cooptation (b) coalition (c) competitive intelligence (d) competitive aggression (e) smoothing

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Total marketing effort is a term used to describe the critical decision factors that affect demand: price, advertising, distribution, and product quality. define the variable x to represent total marketing effort. a typical model that is used to predict demand as a function of total marketing effort is based on the power function: d = axb suppose that a is a positive number. different model forms result from varying the constant b. sketch the graphs of this model for b = 0, b = 1, 0< b< 1, b< 0, and b> 1. (we encourage you to use excel to do this.) what does each model tell you about the relationship between demand and marketing effort? what assumptions are implied? are they reasonable? how would you go about selecting the appropriate model?