For the past five years, mookie consulting services reported the following annual net income and dividend amounts:
year net income dividends
1 $ 22,000 $ 2,000
2 17,000 2,000
3 9,000 1,000
4 14,000 3,000
5 25,000 4,000
if mookie had retained earnings of $88,000 at the end of year 5, what was the company's retained earnings at the beginning of year 1?

What is an example of a good stock to buy during economic expansion? a) cyclical stock b) defensive stock c) income stock d) bond

Because the demand for wheat tends to be inelastic. true or false

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?