Civil engineering

42. 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? A. 23.5 % B. 24.7 % C. 25.0 % D. 25.8 %

23.50%
24.70%
25.00%
25.80%

Detailed SolutionEngr. 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? A. 23.5 % B. 24.7 % C. 25.0 % D. 25.8 %

43. Which of these gives the lowest effective rate of interest? A. 12.35 % compounded annually B. 11.90 % compounded annually C. 12.20 % compounded annually D. 11.60 % compounded annually

12.35 % compounded annually
11.90 % compounded annually
12.20 % compounded annually
11.60 % compounded annually

Detailed SolutionWhich of these gives the lowest effective rate of interest? A. 12.35 % compounded annually B. 11.90 % compounded annually C. 12.20 % compounded annually D. 11.60 % compounded annually

44. A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount? A. 3.67 % B. 4.00 % C. 4.15 % D. 4.25 %

3.67%
4.00%
4.15%
4.25%

Detailed SolutionA college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount? A. 3.67 % B. 4.00 % C. 4.15 % D. 4.25 %

45. Each financial ratio is generally compared by A. A past ratio calculated from the past financial standard of the firm B. A ratio developed by using the projected financial statement of the firm C. A ratio of some selected firms most progressive and successful at the point of consideration D. All of these

A past ratio calculated from the past financial standard of the firm
A ratio developed by using the projected financial statement of the firm
A ratio of some selected firms most progressive and successful at the point of consideration
All of these

Detailed SolutionEach financial ratio is generally compared by A. A past ratio calculated from the past financial standard of the firm B. A ratio developed by using the projected financial statement of the firm C. A ratio of some selected firms most progressive and successful at the point of consideration D. All of these

48. 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. A. $ 5,000,000.00 B. $ 5,010,000.00 C. $ 5,025,000.00 D. $ 5,050,000.00

$ 5,000,000.00
$ 5,010,000.00
$ 5,025,000.00
$ 5,050,000.00

Detailed SolutionThe 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. A. $ 5,000,000.00 B. $ 5,010,000.00 C. $ 5,025,000.00 D. $ 5,050,000.00

49. What is defined as the current assets minus inventories and prepaid expenses? A. Profit margin ratio B. Price-earnings ratio C. Return of investment ratio D. Quick ratio

Profit margin ratio
Price-earnings ratio
Return of investment ratio
Quick ratio

Detailed SolutionWhat is defined as the current assets minus inventories and prepaid expenses? A. Profit margin ratio B. Price-earnings ratio C. Return of investment ratio D. Quick ratio

50. What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually? A. P 7,654.04 B. P 7,731.29 C. P 7,420.89 D. P 7,590.12

P 7,654.04
P 7,731.29
P 7,420.89
P 7,590.12

Detailed SolutionWhat is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually? A. P 7,654.04 B. P 7,731.29 C. P 7,420.89 D. P 7,590.12

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