A P 1,000,000 issue of 3%, 15-year bond was sold at 95%. What is the rate of interest of this investment ?

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Duopoly is a market situation where there is/are____________?

A. Few sellers and few buyers B. Few sellers and many buyers C. Many sellers and few buyers D. One seller and few buyers...

Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note?

A. P18,000 B. P18,900 C. P19,000 D. P19,100...

Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. The taxable income after taking all deductions except for depletion is P 18,500,000. What is the allowable depletion allowance for that particular year? Take percentage of gross income for oil as 22%?

A. P 9,358.41 B. P 9,228.45 C. P 9,250.00 D. P 9,308.45...

Using factor method, the depletion at any given year is equal to ?

A. Initial cost of property times number of unit sold during the year divided by the total units in property B. Initial cost of property divided by the number of units sold during the year C. Initial cost of property times number of units sold during the year D. Initial cost of property divided by … Using factor method, the depletion at any given year is equal to ?Read More...

Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ________________________?

A. Partnership B. Investors C. Corporation D. Stockholders...