Savannah is a middle school student who is eager to start earning her own money. She would like to start babysitting, but her parents said that she must wait until she turns fourteen. With her fourteenth birthday fast approaching, she decided to complete a first aid course and take babysitting classes offered at her local community center. She has also printed up flyers to give to families with small children in her neighborhood. Savannah is excited to soon be making money of her own. What advice would you give her about managing the money she will earn?

The partnership of douglas, ryan, and ellen has dissolved and is in the process of liquidation. on july 1, 2016, just before the second cash distribution, the assets and equities of the partnership along with profit and loss sharing ratios were as follows: cash $30,000receivable - net $20,000inventories $25,000equipment - net $30,000total assets $80,000liabilities $12,000douglas, capital (20%) $28,000ryan, capital (50%) $24,000ellen, capital (30%) $16,000total liab./equity $80,000assume that the available cash is distributed immediately, except for a $2,000 contingency fund that is withheld pending complete liquidation of the partnership. how much cash should be paid to each of the partners? a. $3,200 douglas, $8,000 ryan, $4,800 ellenb. $5,600 douglas, $14,000 ryan, $8,400 ellenc. $16,000 douglas, $0 ryan, $0 ellend. $8,000 douglas, $0 ryan, $8,000 ellen