What bond whose security is a mortgage on certain specified assets of the corporation? Mortgage bond Registered bond Debenture bond Collateral trust bond TRUE ANSWER : ? YOUR ANSWER : ?
What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save? Forced saving Compulsory saving All of these Consumer saving TRUE ANSWER : ? YOUR ANSWER : ?
The person desires to pay off the amount in 10 equal annual instalments. The amount of each installment is: None of these Rs. 6638 Rs. 7738 Rs. 5638 TRUE ANSWER : ? 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? 2.590 2,632 2,712 2,890 TRUE ANSWER : ? YOUR ANSWER : ?
What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Depreciation Depletion Deflation Inflation TRUE ANSWER : ? YOUR ANSWER : ?
Capitalized cost of a project is also known as ______. Life cycle cost Project cost Life cost Infinite cost TRUE ANSWER : ? 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? 16.47 % 16.28 % 16.32 % 16.02 % TRUE ANSWER : ? YOUR ANSWER : ?
A P 1,000,000 issue of 3%, 15-year bond was sold at 95%. What is the rate of interest of this investment? 0.034 0.04 0.03 0.037 TRUE ANSWER : ? YOUR ANSWER : ?
What is another term for “current assets”? Non-liquid assets Fixed assets Liquid assets Ccash TRUE ANSWER : ? YOUR ANSWER : ?
Each financial ratio is generally compared by A ratio of some selected firms most progressive and successful at the point of consideration A ratio developed by using the projected financial statement of the firm A past ratio calculated from the past financial standard of the firm All of these TRUE ANSWER : ? YOUR ANSWER : ?