It takes 3 weeks for  Jackielyn Medina's frozen product to be sold to customers.  Medina is giving 7days term to all her costumers.  But She is paying all supplies on cash .   How  long will  she get the cash from its investments in inventory and accounts receivable?

To maintain a certain compensating balance for their deposit accounts and loans.

Managers use this kind of policy because long-term sources of funds have a higher cost as compared to short-term sources of financing. By financing some of the permanent working capital requirements with short-term sources of financing, the financing cost is minimized, which in turn, improves net income.

Ms. Crizza Tullao opens a savings account with a deposit of P670. She will earn 1.5% interest each year on her money.  How much interest will she earn over a period of 10 years? (assuming she does not add or take out any money).

Mr. Aron Ocampo borrows P1500 to repair his house. He will pay off the loan after 36 months by paying back the principal plus 3.5% interest for each year.  How much will he pay  back altogether?

Mr. Mark Reyes wants to repair his house; the estimation was calculated to be P22,000. He decides to borrow P12,000 from the bank at 4% interest for twenty-four months. How much would be the total amount of his loan to be paid?

It is made to estimate how much their revenue and expenses would be within a year.

It is when a private company sells shares of its stock for the first time to the public and becomes a public company.

It refers to the overall legality of the business organization and its operations.

Arrange the Loan  Application Flow Chart

A. The creditor will approve the loan or will be declined

to an applicant regarding his/her credibility, capacity, and ability to pay.

B. The creditor will request additional requirement. 

C. The creditor will conduct an interview for a background check

D. The borrower will accomplish an application form which contains personal and business details.