Whoever created the MacDonald’s logo probably got paid a ton of money to do what we will now do here in two steps!
[On the other hand, it’s like what Monty Python said about novel writing, “The words are all there, you just have to get them in the right order!” Same thing applies to designing a logo.]Select the Ellipse Tool (L) and create two centered ellipses to the sizes shown above. Select both shapes and Arrange > Join Shapes (Ctrl j).
Clone the shape (Ctrl k). Overlap the two O-shapes and Arrange > Combine Shapes > Add Shapes or press Ctrl 1.
Select the Straight Line Tool and add a horizontal line through the center of the OO. Move the line down 10 pixels.
Select the line and the OOs and Arrange > Combine Shapes > Slice Shapes (Ctrl 4). Delete the bottom W shape.
Create a 10 pixel tall rectangle and align it to the bottom of the M shape. Select the rectangle and the M shape and Arrange > Combine Shapes > Subtract Shapes (Ctrl 2). There, you are now a logo designer!
Now we get to color. Move the side panels away from the box. Select the Fill Tool (g) and apply a Linear fill. (Click on the shape with the Fill Tool, hold down the Ctrl key and drag from one side to the other). Double click on the fill path arrow to add two new colors. Apply the four red colors shown above using the Color Editor (Ctrl e) to edit the RGB values. You can move the added colors along the fill path by dragging or with new color selected, with the arrow keys.
Apply the flat deep yellow color to the logo.