The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Economic return Effective interest Expected return Nominal interest TRUE ANSWER : ? YOUR ANSWER : ?
The ratio of the net income before taxes to net sales is called ______. Inventory turnover Price-earnings ratio Current ratio Profit margin ratio TRUE ANSWER : ? YOUR ANSWER : ?
Which of the following is an example of intangible asset? Investment in subsidiary companies Furnitures Patents Cash TRUE ANSWER : ? 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. 28.33 % 30.78 % 29.17 % 30.12 % 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 Inflation Deflation TRUE ANSWER : ? YOUR ANSWER : ?
Which one of the following definitions is correct? The ratio of earnings before interest and taxes for a particular reporting period to the amount of interest charges for the period is called interest coverage ratio All of these The ratio debt-to-total assets is called Debt-to-total assets ratio The ratio of total debt to share holder's equity is called 'debt ratio' TRUE ANSWER : ? YOUR ANSWER : ?
The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. 5000000 5050000 5025000 5010000 TRUE ANSWER : ? YOUR ANSWER : ?
If there is only one seller and many buyers, the market situation is ________ . Oligopsony Duopsony Oligopoly Monopoly TRUE ANSWER : ? YOUR ANSWER : ?
Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note. P18,900 P19,100 P19,000 P18,000 TRUE ANSWER : ? YOUR ANSWER : ?
The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as; Sinking fund annuity Capital recovery annuity Present Worth Annuity Compound annuity TRUE ANSWER : ? YOUR ANSWER : ?