Suppose that you make 12 equal annual deposits of P2,000 each into a bank account paying 8% interest per year. The first deposit will be made one year from today. How much money can be withdrawn from this bank account immediately after the 12th deposit?

The worth of an asset as shown in the accounting records of an enterprise

What is the effective rate of interest if P1000 is invested at a nominal rate of 15% compounded quarterly?

The value of the stock as stated on the stocks certificat

It is defined to be the capacity of a commodity to satisfy human want

Reduction in the level of nation income and output usually accompanied by a fall in the general price level

These are products or services that are required to support human life and activities that will be purchased in somewhat the same quantity event though the price varies considerably

A market situation in which two competing buyers exert controlling influence over many sellers

It is defined as the capacity of a commodity to satisfy human want

Determination of the actual quantity of the materials on hand as of a given date

The condition in which the total income equals the total operating expenses

The simplest form of business organization wherein the business is own entirely by one person

A man purchased a house for P425,000. In the first month that he owned the house, he spent P75,000 on repairs and remodeling. Immediately after the house was remodeled, he was offered P545,000 to sell the house. After some consideration, he decided to keep the house and have it rented for P4,500 per month starting two months after the purchase. He collected rent for 15 months and then sold the house for P600,000. if the interest rate was 1.5% per month, how much extra money did he make or lose by not selling the house immediately after it was remodeled

A wrong act that causes injury to a person or property and for which allows a claim by the injured party to recover damages

An economic condition in which there are so few suppliers of a particular product that one supplier’s actions significantly affect prices and supply

It is sometimes called the second hand value

It is where the original record of a business transaction is recorded

The sum of all the costs necessary to prepare a construction project for operation.

This consists of a cash and account receivable during the next period or any other material which will be sold

A market whereby there is only one buyer of an item for when there are no goods substitute