BM Flashcards

(63 cards)

1
Q

is a number
written in the form
๐š
๐›
,
where a and b are whole
numbers but b cannot be
zero

A

FRACTION

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

IS A FRACTION LESS THAN ONE. NUMERATOR IS LESS TAHN DENOMINATOR EX; 1/2, 5/6

A

PROPER FRACTION

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

A FRACTION GRATER THAN OR EQUAL TO ONE. NUMERATROR IS GREATER THEN DENO EX; 7/3, 12/4

A

IMPROPER FRACTION

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

THE SUM OF WHOLE NUMBER AND A PROPER FRACTION

A

MIXED FRACTION

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

FRACTION THE SAME DENOMINATOR 1/9, 3/9. 7/9

A

SIMILAR FRACTION

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

DIFFRENET DENOMINATOR

A

DISSIMILAR FRACTR

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

is a
representation of
a fraction whose
denominator is a
multiple of 10.

A

DECIMAL

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

means โ€œper
hundredโ€ is a
representation of a
fraction whose
denominator is 100.
Thus, expressing a
number in percent is
like comparing it with
100.

A

PERCENT

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

This refers to
the total
amount,
original
amount or the
whole part.

A

base

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

This refers
to the part
or partial
amount of
the base

A

PORTION

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

This is the
quantity or
amount or
measure of
the portion to
the base.

A

RATE

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

It is the relationship
between two
variables when their
ratio is equal to a
constant value.

A

Direct Proportion

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

In this proportion, an increase of one
variable will also an increase of the
other variable, and a decrease in one
variable will also the decrease of the
other.

A

Direct Proportion

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

This means that the two values x
and y are inversely or indirectly
proportional to each other, such
that if x increases then y decreases
or if x decreases, y increases.

A

Inverse Proportion

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

A whole is divided into parts that isproportioned into equal or unequalratios

A

Partitive Proportion

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

is comparison of two
numbers or measurement.
The terms of the ratio are the
numbers or measurements
being compared.

A

RATIO

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

An equation showing two
ratios that are equal is called
a?

A

proportion.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

The amount spent relative to the production
and sale of commodity

A

OPERATING COST

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

the price that a company or store has to pay for the goods it is
going to sell or the price that has to be spent to produce goods
or services before any profit is added.

A

COST PRICE

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

the money earned after the cost price and the operating costs
accounted for after the sale of a commodity.

A

PROFIT

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

he price in which the commodity or good is sold per
unit

A

SELLING PRICE

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

It is the difference between the selling price (S) and the
cost price (C) and is sometimes referred to as the
margin or gross profit. It can also be defined as the sum
of all expenses (E) and profit (P).

A

MARK - UP

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

FORMULA PARA MAKUHA ANG MARK UP

A

MU=SP-C

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

if the cost is taken as the base
to express the mark-up in terms of percent

A

MARK UP BASED ON COST

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
25
FORMULA PARA SA Mc?
Mc= MU/C
26
if the selling price is taken as the base to express the mark-up in terms of percent. This is also called as the margin or gross margin which is sales minus the cost of goods sold.
Mark-up Based on selling price
27
FORMULA PARA MAKUHA ANG Ms?
Ms= MU/S
28
It is the difference between the cost of goods and its selling price. This kind of increase happens during peak seasons.
MARK-ON
29
FORMULA FOR MARK ON
MO=NP-S
30
is a reduction in the selling price of an item to encourage consumers to increase their demand on a particular product.
temporary mark โ€“ down
31
is implemented by companies to remove a โ€œpoor-saleโ€ product from their inventory. In general, the purpose of markdown is either to generate sales or to clear inventory.
permanent mark โ€“ down
32
is the difference between the REGULAR SELLING PRICE and the SALE PRICE
MARK DOWN
33
original price of a product before the trade discount
LIST PRICE
34
rate of how much a price is reduced
Discount Rate
35
reduction based on the discount rate
Trade Discount โ€“
36
amount which is left after the trade discount
Net price
37
rate of how much price is left after discount
Net Price Rate
38
A reduction from list price granted to buyers. Trade discounts could either be a single discount or a series discount
TRADE DISCOUNT
39
When do manufacturers usually give discounts?
Incentives for a sale * Promotion of an item/product * Large quantities are bought
40
is what remains of the selling price (net sales) after all cost and expenses had been deducted.
PROFIT
41
occurs when the cost and expenses exceed the selling price or net sales
LOSS
42
occurs when the net sales of goods is equal to the cost that was incurred in business
BREAK-EVEN
43
It is the amount collected from the sale of goods after deductions such as discounts or refunds are made
Net sales
44
refer to the amount of money spent for raw materials used in the production of the goods including the labor, utility expenses, and commissions. This means that this cost varies depending on the number of units of goods produced.
VARIABLE COSTS
45
cost of expenses that does not vary over time on a certain relevant range, the number of products sold, and production of goods to be sold. This may also include payment for lease and rental, salaries of workers, insurance, and interests.
FIXED COSTS
46
This is the sum of the fixed cost and variable cost.
TOTAL COSTS
47
sum of the fixed cost and variable cost
Total cost (TC)
48
sum of the fixed cost and variable cost
Selling Price (SP
49
process used to determine the number of units of products to sell in order to cover the costs. It is necessary for business owners to determine the quantity of products to sell for them to avoid loss.
Break-even Analysis
50
the number of units of goods or products needed to be sold in order to cover all the costs
BREAK EVEN POINT
51
money (or property) given with the promise that it will be paid back in the future, usually with interest
Loan
52
professional support to aid customers. This is sometimes described as the intangible product
Services
53
defined as the duration or term used in solving simple interest.
Time
54
loan, secured by a collateral, that the borrower is obliged to pay at specified terms.
Mortgage
55
process of reducing a cost or total in regular small amounts
Amortization
56
money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt
Interest
57
original amount invested or borrowed
Principal
58
amount of a charge or payment (usually in percent) with reference to some basis of calculation
Rate
59
FORMULA OF INTEREST?
I=PRT
60
FORMULA FOR MATURITY VALUE(f)?
f= P (1 +RT) IF DILI GINAPANGITA ANG i f =P +i
61
formula for mortage and downpayment?
Down payment = down payment rate x cash price Amount of the loan (mortgage) = cash price - down payment
62
I = ๐‘ƒ ร— ๐‘Ÿ ร— ๐‘ก 12 or I = ๐‘ƒ ร— ๐‘Ÿ ร— ๐‘ก 360
ambvot
63