In Terms of Numbers, the Most Common Life-Forms on Earth

question 3

Multiple Choice

In terms of numbers, the most common life-forms on Earth are

• A) humans
• B) fish
• C) microscopic creatures, too small to see with our eyes
• D) birds
• E) insects

---

Definitions:

Amortization

The gradual reduction of a debt or the spreading out of capital expenses over a fixed period of time.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from revenues.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset since its acquisition.

Cost Basis

The original value of an asset for tax purposes, adjusted for stock splits, dividends, and return of capital distributions.