The capital account balances for Donald & Hanes LLP on January 1, 2018, were as follows:   Donald, capital$200,000Hanes, capital 100,000??Donald and Hanes shared net income and losses in the ratio of 3:2, respectively. The partners agreed to admit May to the partnership with a 35% interest in partnership capital and net income. May invested $100,000 cash, and no goodwill was recognized.?What is the balance of May's capital account after the new partnership is created?

A. $  84,000.
B. $176,000.
C. $100,000.
D. $140,000.
E. $200,000.


Answer: D

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A rumor has been going around that Great Western Beef Co., Inc., is closing its packing plant in Lincoln, Nebraska. According to the rumor, a local health department official stopped a truck on its way through the front gate of the plant and discovered that it was full of dead cats. Subsequent investigation revealed that the company had been augmenting its alleged beef products with cat meat. As president of the company, Todd knows that this is absurd-all except the part about the plant closing, which is a consequence of company restructuring. He and his chief information officer have dealt with damage control internally, but the issue still needs to be addressed with the public at large. Todd should

A. do his best to ignore the rumor entirely and reply "no comment" to any questions because the plant closings are really an internal company matter. B. hold a press conference personally, announce that the plant is closing, and explain why without alluding to the rumor. C. have the chief information officer address the cat rumor through a press conference and a series of television commercials. D. put together an advertising campaign that portrays Great Western as an all-American company that has fallen on hard times and regrettably must restructure. E. arrange for one of the front-line workers to go before the media and explain that he has worked at the plant for years and never seen anything odd in the meat there.

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Deonna has been asked to write a marketing plan for a new restaurant. What questions will Deonna likely address in her marketing plan? Be specific and offer questions related to a restaurant.

What will be an ideal response?

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Product formulas, customer lists, and compilations of data are not protectable unless the owner has a patent, copyright, or trademark

Indicate whether the statement is true or false

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Which of the following statements is not true? 

A. The information-seeking process of industry analysis is known as an upside-down pyramid. B. Industry analysis needs to be conducted using only primary research data. C. Primary focus of an industry analysis is to provide sufficient knowledge of the environment that can affect marketing strategy decision-making. D. Industry analysis begins with the broadest-based assessment of environmental and industry trends.

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