Answer:
The answer is A. Taxonomic categories
Explanation:
Taxonomy can be defined as the system of classification of various things based on their similarities or differences.
In the question above, cookies, crackers and potato chips are different products, but they all share a similarity, which is that they're all snack foods and therefore are under the same taxonomic category.
Answer:
$27,400
Explanation:
The amount of cash at the end of the period is calculated as;
Cash provided by operating activities
$18,200
Cash used by investing activities
($6,700)
Cash used by financing activities
($1,200)
Net increase (decrease) in cash balance
(a) $10,300
Cash at the beginning of the year
(b) $17,100
Cash at the end of the year
c = (a) + (b) = $27,400
Answer: False
Explanation:
These are financial assets that has existing market invariably there prices are determined by market forces.
Discounting flows refers to project that are to produce inflows into the future the discount helps to determine the present value of the future inflows.
Answer:
B. the study of how limited resources are allocated to satisfy unlimited wants
Explanation:
According to Professor Lord Robbins, Economics is social science which studies human behavior in relation to ends and scarce means. Economics is the study of how humans allocate limited resources to satisfy unlimited wants.
Human wants are unlimited whereas the resources available to satisfy those wants are limited and as such a scale of preference would be drawn to determine what wants are to be satisfied first.
Therefore, the right option is B. the study of how limited resources are allocated to satisfy unlimited wants.
Answer: The total using monthly housing payment is 1371.01.
The monthly payment on a house usually comprises of four parts - principal, interest, taxes and insurance. Even though taxes and insurance are due only once a year, most home loan lenders require that these amounts be deposited in an escrow account . They then transfer the amounts to the respective agency when the amounts fall due. So, the value of monthly payment is:
We need to calculate the EMI on the housing loan. This will cover the monthly payment on principal and interest
Next we calculate the monthly property taxes and insurance
Monthly property taxes 
Property insurance 
Hence the total housing payment is : 
