Answer:
Opportunity.
Explanation:
There was an opportunity presented when Kevin noticed that people do not want to cook at home but also they do not want to go through the hassle of going out to buy food. A need was identified and the solution was the Takeout Taxi initiative that delivers restaurant-prepared food to customers.
Costumers that did not want to cook at home and did not want to go out were now satisfied by this service.
Cash flows from investing do not include cash flows from : Borrowing.
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Explanation:</u></h3>
The cash flows either inward or outward of any company refers to the Cash flow from investing activities. The long term usage of cash will be considered under this. The investing activities includes the following such as purchasing a fixed asset, selling a fixed asset. These assets includes any property, plants, equipment,etc.
The cash flows are associated with the generation or spending of amount in the investing activities. This is a section that is included in the cash flow statement of an organisation. Thus, the cash flows for investing activities will not include the cash flows from Borrowing.
Answer:
The correct option is (b)
Explanation:
Given:
Monthly payment for 6 months = $30 per month
Time period = 6 month (6 periods)
Monthly interest rate = 2%
In order to compute borrowed amount, present value of these payments need to be computed which is an annuity as same amount of $30 is paid.
Checking PVIFA table for 2%, 6 periods, annuity factor is 5.6014.
Borrowed amount = Monthly payment × PVIFA(2%,6)
= 30 × 5.6014
= $168.042
Borrowed amount is $168.042 or $168.22 approximately (difference in value due to annuity factor being rounded off)
Answer: Microeconomics
Explanation:
Microeconomics is a branch of economics that studies the behaviour of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms. Microeconomics focuses on the economics at an individual, group or company level.
The microeconomics helps in macro analysis. It is microeconomics that tells us how a free market economy with its millions of consumers and producers work to decide about the allocation of productive resources among the thousands of goods and services
