According to your textbook, the strategy-evaluation process consists of three basic activities: examine the underlying bases of a firm's strategy. compare expected results with actual results. take corrective actions to ensure that performance conforms to plan. answer the following questions: which of the three strategy-evaluation activities do you think is most critical to be performed well? why? (must be specific as which one of the three) read and reply to at least one (1) post from any classmate. a simple statement such as, "good" or "i agree" does not constitute a substantial comment.

The struter partnership has total partners’ equity of $510,000, which is made up of main, capital, $400,000, and frist, capital, $110,000. the partners share net income and loss in a ratio of 80% to main and 20% to frist. on november 1, adison is admitted to the partnership and given a 15% interest in equity and a 15% share in any income and loss. prepare journal entries to record the admission of adison for a 15% interest in the equity and a 15% share in any income and loss under the following independent assumptions. (1) record the admission of adison with an investment of $90,000 for a 15% interest in the equity and a 15% share in any income and loss. (2) record the admission of adison with an investment of $120,000 for a 15% interest in the equity and a 15% share in any income and loss. (3) record the admission of adison with an investment of $80,000 for a 15% interest in the equity and a 15% share in any income and loss.