Timothy bought the franchise rights for Breadfim, a popular fast-food diner chain. He plans to hire the required staff and start operations of the outlet in a month. To do so, he first has to examine the types of jobs in the company and the responsibilities associated with each job type. In the context of human resource (HR) planning, which of the following should Timothy do first? a. Internal recruitment
b. Job analysis
c. Employee selection
d. Management development

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.