EXAMIANS
If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is:
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The person desires to pay off the amount in 10 equal annual instalments. The amount of each installment is:
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The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as ______.
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Each financial ratio is generally compared by
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Both architect and engineer make use of the cost estimate of the project:
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The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______.
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The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as
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The original record of a business transaction is recorded in this book.
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Pick up the ratio which gives us sufficient information by which to judge the financial condition and performance of the firm, from the following:
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A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same.
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