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Cost leadership and Differentiation Strategies-Changes in Operating Income

Question 1 Cost leadership and Differentiation Strategies Choose an industry and provide the names of two companies, one that follows a cost leadership strategy and one that follows a product differentiation strategy. Explain your reasoning for your choices. Question 2 Changes in Operating Income There are three factors that cause changes in operating income. These

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Analyze the impact of business transactions on accounts

(Learning Objectives 4, 5, 6: Analyze the impact of business transactions on accounts; record (journalize and post) transactions in the books; construct and use a trial balance) During the first month of operation of Gordon Construction, Inc., completed the following transactions: June 2 Gordon received $65,000 cash and issued common stock to the stockholders. 3

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