EXAMIANS
What is used to record historical financial transactions?
YOUR ANSWER : ?
YOUR ANSWER : ?
Aside from many sellers and many buyers, which one is a characteristic of perfect competition?
YOUR ANSWER : ?
A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even?
YOUR ANSWER : ?
What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied?
YOUR ANSWER : ?
What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties?
YOUR ANSWER : ?
It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate?
YOUR ANSWER : ?
What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product?
YOUR ANSWER : ?
A feasibility study shows that a fixed capital investment of P10,000,000 is required for a proposed construction firm and an estimated working capital of P2,000,000. Annual depreciation is estimated to be10% of the fixed capital investment. Determine the rate of return on the total investment if the annual profit is P3,500,000.
YOUR ANSWER : ?
As applied to capitalized asset, the distribution of the initial cost by a periodic changes to operation as in depreciation or the reduction of a debt by either periodic or irregular prearranged programs is called ______.
YOUR ANSWER : ?
What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want?
YOUR ANSWER : ?