Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
It is important because they need money and food and water because they don't have that much.
Overdraft is a facility provided by bank to make expenses more than that of the balance present in the account of customers. This facility is provided to certain specified customers with high credibility.
Given
Balance is $202.86
Note: Payments will be recognized in descending order because it is the policy of bank to record the highest transaction first.
Payments made are :
$113.92
$80.73
$35.24
$16.89
<h3>Calculations</h3>

Therefore Shakira will be allowed to overdraw from the account as the amount of overdraft is less than $50.
Elaborating further, When we deduct the payments from the balance in descending order we reach on a conclusion that there will be 2 overdrafts made because after deducting $113.92 and $80.73 from the balance amount of $202.86 there will be 2 payments pending amounting $35.24 and $16.89 from the left balance of $ 8.21.
Therefore the correct option will be OPTION B i.e. 2 overdrafts.
Learn more about overdrafts here:
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The Net Income For Blue Bird LTD. is $69362.
Explanation:
As per Accounting Equation;
Total Asset = total equity + total liabilities
as we are don't have equity so we will take it as x and liabilities as y
Now our equation will be,
$223500 = x+y ........................................................................(i) equation
we are also given a debt equity ratio = 
Debt Equity Ratio =
.45x = y................................................... (ii) equation
so now putting y of (ii) equation into (i) equation, we will get
$223500 = x+ .45x
x =
x (i.e equity) = $154,138
and, y (debt ) = $69362
to find net income , where Return on equity (ROE) =
net income = .12×$154138
net income = $18497
Upon completion, Davis tells Jones to see Smith for payment : Smith may be liable since he had noticed and did nothing.
Explanation:-
Yes because he had express notice by registered letter and did nothing.
The only evidence of execution, apart from registered databases, that is acknowledged by most jurisdictions.
A notification agreement is a compromise between the parties on how notifications should be issued and how their conditions should be very specific. A provision of a notification shall be an agreement between parties as to how notices on contractual issues can be received, and this provision should be very clear about its requirements.