Answer:
preferences
Explanation:
Preference' : This occurs when a particular creditor is placed in a more beneficial position, to the detriment of the remaining creditors in that group. And by doing so makes that creditor "better off" than the majority of other creditors in the group.
Answer:
The bakery business is a good business for this location but the jewellery is not.
Explanation:
The bakery business is a good business for this location but the jewellery is not. This is because the vast majority of individuals in the area are most likely going to be people spending the day travelling and going to the beach or taking a walk on the boardwalk. Therefore, pasteries in the morning on a nice day or in the afternoon would be in demand in that area. However, jewellery probably will not be in high demand. The best place for a jewellery store is in the middle of the city where people go to shop, ideally a high income location.
Answer:
D. 400 million
Explanation:
Current Population of the country = 100 million
growth rate per year = g = 3.5%
Number of Years = n = 40 Years
Population after 40 year = ?
To calculate the population after 40 year use following formula:
Population after 40 years = Current year population x ( 1 + growth rate )^ number of years
Population after 40 years = Current year population x 
Population after 40 years = 100 million x 
Population after 40 years = 100 million x 
Population after 40 years = 100 million x 3.959259
Population after 40 years = 395.93 million
Population after 40 years = 400 million ( Rounded off to nearest hundred )
Answer: C. open a cash account and invest in mutual funds holding high yielding common and preferred stocks
Explanation:
Investing in Mutual funds which hold high yielding common and preferred shares is the best option here. The dividends received will be high enough but will not be taxed too much as dividend tax is limited to 15% thereby saving the investment on taxes.
Also seeing as they will require the investment in other to buy a house in 5 years, they will need something that can be easily liquidated. Mutual funds are easy to liquidate from and so their investment here can be easily withdrawn when the time comes to allow them meet the house down payment.
