What refers to the amount of money paid for the use of borrowed capital ?

Related Mcqs:

One banker’s year is equivalent to ________________ days?

A. 300 B. 360 C. 365 D. 366...

What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want ?

A. Services B. Goods C. Commodities D. Goods or commodities...

The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest ?

A. 3.90 % B. 3.92 % C. 3.95 % D. 3.98 %...

A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand ?

A. 1.0 hour per unit B. 1.2 hours per unit C. 1.4 hours per unit D. 1.6 hours per unit...

Which is true about partnership ?

A. It has a perpetual life B. It will be dissolved if one of the partners ceases to be connected with the partnership C. It can be handed down from one generation of partners to another D. Its capitalization must be equal for each partner...