What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied? Producer products Luxury Consumer products Necessity TRUE ANSWER : ? YOUR ANSWER : ?
Mr. David deposits Rs 1200 now, Rs 800 two years from now and Rs 1000 five years from now. If the savings bank's rate of interest in 5%, he will receive an amount of Rs X, 10 years from now, where ‘X’ is Rs. 4413 Rs. 3415 Rs. 4826 Rs. 4225 TRUE ANSWER : ? YOUR ANSWER : ?
What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest? Effective rate of interest Nominal rate of interest Compound interest Simple interest TRUE ANSWER : ? YOUR ANSWER : ?
What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually? P 7,731.29 P 7,420.89 P 7,590.12 P 7,654.04 TRUE ANSWER : ? YOUR ANSWER : ?
Salvage value is sometimes known as ______. Second-hand value Going value Scrap value Junk value TRUE ANSWER : ? YOUR ANSWER : ?
What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration? Producer Seller Buyer or consumer Manufacturer TRUE ANSWER : ? YOUR ANSWER : ?
Ratio analysis of a construction firm is used for analysis by: Financial analysts Firm's management Share holders Banks of the firm TRUE ANSWER : ? YOUR ANSWER : ?
What refers to an imaginary cost representing what will not be received if a particular strategy is rejected? Null cost Ghost cost Opportunity cost Horizon cost TRUE ANSWER : ? YOUR ANSWER : ?
What refers to the amount of money paid for the use of borrowed capital? Rate of interest Principal Interest Simple interest TRUE ANSWER : ? YOUR ANSWER : ?
What bond whose security is a mortgage on certain specified assets of the corporation? Debenture bond Collateral trust bond Registered bond Mortgage bond TRUE ANSWER : ? YOUR ANSWER : ?