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future value
value. is to be paid
94. The ratio of the interest payment to the 98. “When free competition exists the price of a
principal
product will be that value where supply is equal
for a given unit of time and usually expressed as
to the demand’
percentage of the principal
a. Law of diminishing return
a. interest
b. Law of supply
b. interest rate
c. Law of demand
c. investment
d. Law of supply and demand
d. all of the above
99. The ratio of the net income to the owners’
95. Scrap value of an asset is sometimes known equity
as
is known as
a. book value
a. Price-earning ratio
b. salvage value
b. Profit margin ratio
c. replacement value
c. Return of investment
d. Gross margin
a. Annual cost