Assume that you and some partners have formed a partnership to attempt to acquire the four McDonalds franchises in the area (Main Street, Wal-Mart, and Wheat Drive stores in Bozeman, and the Belgrade store off Jackrabbit Lane north of the interstate). You are seeking a loan from a local bank to finance the acquisition and operation of the four stores. You have been asked to provide the loan officer with a brief analysis of the competitive environment in fast-food. Organize your thinking about how to answer this question by thinking about a five-forces analysis for the fast-food industry. List each of the five competitive forces and whether you think the force is stron moderate or weak Do you think that the fast food industry is an attractive business to be in, briefly describe why or why not.

Mesa company produces wooden rocking chairs. the company has two production departments, cutting and assembly. the wood is cut and sanded in cutting and then transferred to assembly to be assembled and painted. from assembly, the chairs are transferred to finished goods inventory and then are sold.mesa has compiled the following information for the month of february: cutting department assemblydepartmentdirect materials $ 73,000 $ 13,000direct labor 73,000 108,000applied manufacturing overhead 159,000 171,000cost of goods completed and transferred out 233,000 255,000required: 1, 2, 3, & 4. prepare journal entries for the transactions in the cutting and assembly departments of mesa company. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)