Skylark sodas has been a market leader in the soft drink industry for several decades. however, itsmarket research shows that consumer tastes have begun to shift to sugar-free flavored seltzerwaters, a product that skylark is capable of producing with minimal changes to its facilities andproduction processes. based on your knowledge of the core competence-market matrix, whichdiversification strategy should skylark pursue?
- leverage existing core competencies to improve current market position.
- build new core competencies to protect and extend current market position.
- redeploy and recombine existing core competencies to compete in markets of the future.
- build new core competencies to create and compete in markets of the future.

Sye chase started and operated a small family architectural firm in 2016. the firm was affected by two events: (1) chase provided $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. there were $250 of supplies on hand as of december 31, 2016. record the two transactions in the accounts. record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. post the entries in the t-accounts and prepare a post-closing trial balance.

The partnership of douglas, ryan, and ellen has dissolved and is in the process of liquidation. on july 1, 2016, just before the second cash distribution, the assets and equities of the partnership along with profit and loss sharing ratios were as follows: cash $30,000receivable - net $20,000inventories $25,000equipment - net $30,000total assets $80,000liabilities $12,000douglas, capital (20%) $28,000ryan, capital (50%) $24,000ellen, capital (30%) $16,000total liab./equity $80,000assume that the available cash is distributed immediately, except for a $2,000 contingency fund that is withheld pending complete liquidation of the partnership. how much cash should be paid to each of the partners? a. $3,200 douglas, $8,000 ryan, $4,800 ellenb. $5,600 douglas, $14,000 ryan, $8,400 ellenc. $16,000 douglas, $0 ryan, $0 ellend. $8,000 douglas, $0 ryan, $8,000 ellen

How does money encourage specialization? you can be an artist if you are good at it. you can specialize in mechanics and still be able to feed your family without growing your own food. it allows grains to be equally available to everyone. you can borrow money to pay for university.