What are the common methods of computing depletion charge? Discrete method and depletion allowance method Conservative method and conventional method Unit method and percentage method Rational method and irrational method 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. 30.78 % 30.12 % 29.17 % 28.33 % TRUE ANSWER : ? YOUR ANSWER : ?
Both architect and engineer make use of the cost estimate of the project: All of these For designing of the project For site selection For choosing alternatives TRUE ANSWER : ? YOUR ANSWER : ?
If there are many sellers and few buyers, the market situation is _________ . Oligopoly Oligopsony Monopoly Duopsony TRUE ANSWER : ? YOUR ANSWER : ?
What refers to the present worth of all the amount the bondholder will receive through his possession of the bond? Redeemed value of bond Value of bond Par value of bond Face value of bond 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? 2,632 2.590 2,890 2,712 TRUE ANSWER : ? YOUR ANSWER : ?
The declining balance method is also known as ______. Modified SYD method Double percentage method Modified sinking fund method Constant percentage method TRUE ANSWER : ? YOUR ANSWER : ?
If interest is paid more than once in a year, ‘i’ is the rate of interest per year, ‘n’ is the number of periods in years and ‘m’ is a number of periods per years, compound amount factor (CAF) is: (1 + i/m)n (1 + i/n)m (1 + i/n)1/m (1 + i/m)1/n TRUE ANSWER : ? YOUR ANSWER : ?
What is the type of annuity where the first payment does not begin until some later date in the cash flow? Annuity due Ordinary annuity Deferred annuity Perpetuity 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. 5025000 5000000 5050000 5010000 TRUE ANSWER : ? YOUR ANSWER : ?