__________________ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations?

Related Mcqs:

1. The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as _____________________?

   A. Yield
   B. Economic return
   C. Earning value
   D. Gain

2. A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities ?

   A. Sole proprietorship
   B. Entrepreneurship
   C. Partnership
   D. Corporation

3. The true value of interest rate computed by equations for compound interest for a 1 year period is known as __________________?

   A. Expected return
   B. Nominal interest
   C. Effective interest
   D. Economic return

4. What refers to the interest rate at which the present work of the cash flow on a project is zero of the interest earned by an investment ?

   A. Economic return
   B. Yield
   C. Rate of return
   D. Return of investment

5. What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration ?

   A. Seller
   B. Manufacturer
   C. Producer
   D. Buyer or consumer

6. What refers to the cost of borrowing money or the amount earned by a unit principal per unit time ?

   A. Yield rate
   B. Rate of return
   C. Rate of interest
   D. Economic return

7. Miss Calledo deposited P 1,000, P 1,500 and P 2,000 at the end of the 2nd year, 3rd year and 4th year, respectively in a savings account which earned 10% per annum. How much is in the account at the end of the 4th year ?

   A. P 4,880.00
   B. P 4,820.00
   C. P 4,860.00
   D. P 4,840.00

8. A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method ?

   A. P 2,000.00
   B. P 2,100.00
   C. P 2,200.00
   D. P 2,300.00

9. The ability to meet debts as they become due is known as __________________?

   A. Solvency
   B. Leverage
   C. Insolvency
   D. Liquidity

10. A square surface 3 m x 3 m lies in a vertical line in water pipe its upper edge at vater surface. The hydrostatic force on square surface is __________________?

    A. 9,000 kg
    B. 13,500 kg
    C. 18,000 kg
    D. 27,000 kg
    E. 30,000 kg