11. How long will it take money to double itself if invested at 5% compounded annually?
12. 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?
13. What is defined as the current assets minus inventories and prepaid expenses?
14. If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘i’ per annum, then present worth is:
15. Gross margin is the ratio of the gross profit to ______.
16. Probabilistic estimating of a construction project includes:
17. 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.
18. What is another term for “unit method” for computing depletion?
19. What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days.
20. Each financial ratio is generally compared by
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