What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product? Buffer stock Hoard stock Withheld stock Stock pile TRUE ANSWER : ? YOUR ANSWER : ?
The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______. Economic life Annuity Sunk cost In-place value TRUE ANSWER : ? YOUR ANSWER : ?
What refers to the amount of a product made available for sale? Demand Product Supply Good TRUE ANSWER : ? YOUR ANSWER : ?
Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest? 23.5 % 25.8 % 25.0 % 24.7 % TRUE ANSWER : ? YOUR ANSWER : ?
A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment? P 2,544.45 P 2,504.57 P 2,500.57 P 2,540.56 TRUE ANSWER : ? YOUR ANSWER : ?
A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries. Security bond Joint bond Collateral trust bond Mortgage bond TRUE ANSWER : ? YOUR ANSWER : ?
What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn? Present worth factor Time value of money Interest rate Yield TRUE ANSWER : ? YOUR ANSWER : ?
What refers to the present worth of all the amount the bondholder will receive through his possession of the bond? Value of bond Redeemed value of bond Face value of bond Par value of bond TRUE ANSWER : ? YOUR ANSWER : ?
Current assets less inventories divided by current liabilities is known as Liquidity ratio Acid-Test (or Quick) ratio Current ratio Debts ratio TRUE ANSWER : ? YOUR ANSWER : ?