Answer:
c. Goodwill Account
Explanation:
In the case when the company is in liquidation and the purchasing company paid the liquidation expense as it is beared by them so here the expenses would be debited to the goodwill account
Therefore as per the given situation, the option c is correct as the liquidation expenses should be debited to the goodwill
So the rest of the options are wrong
Answer: The correct answer is Account A.
Explanation: The best type of account for Kylie is checking account A for three different reasons.
1. She has the $500 minimum balance to open the account.
2. She plans on using her bank’s ATM to make deposits and withdrawals, which are free for this account.
3. Kylie sometimes over draws her account, and Account A offers overdraft protection.
Answer:
rate = 5.24 %
so correct option is d. 5.24%
Explanation:
given data
purchased bond initial amount = $3,000
Maturity amount = $5,000
time period = 10 years
to find out
interest rate earn on this bond
solution
we know here initial amount and final amount with time period so
we will apply here Maturity amount formula that is
Maturity amount = initial amount × 
.................1
put here value we get
Maturity amount = initial amount ×
5000 = 3000 × 
1.6667 - 1 = 
solve it we get
rate = 5.24 %
so correct option is d. 5.24%
Answer:
The budgeting recommendations will be cutting the expenses on feeding, groceries and every other expenses, in other to save over the next five years. This will prepare Leyia and Larry beforehand to begin a family and also, mitigate hosterity effects of their variable expenses financially for an anticipated $2,400 loss of income for 18 months as well as the expenses for the new baby.
Explanation:
Beginning a family can be a tough task for low income earners. Leyia and Larry will need to wait for five years and cut their expenses( Every expenses) over this waiting period of five years. By so doing, they will have saved enough money to carter for the expenses of new baby.
Also, a $2,400 loss of income, in 18 months is anticipated. Cutting of expenses over the period of five years will reduce the financial hardship effects on the family which Leyia and Larry will begin, after the stipulated five years.
