Ina Angela C.

Basilan CBET-01 101A

ASSIGNMENT #1

1.

a.) P 6,200,000

b.) The type of operation is Manufacturing and the form of business she set up is Sole
Proprietorship.

c.) Other than profit people like to engage in business because sometime they want to
have one, they have a skills on that field and also they want to help our economy.

2.

a.) The form of the business is now partnership, and the operation that they are using
is merchandising

b.) Maybe first they can borrowed to their family, acquaintance or friends, or even loan
to a bank to have an additional funds.

c.) The requirements in order to borrow to a bank o loan to a bank you should have
first a financial resources to build a business

d.) Mags Pena's friend needs a more capital amounting P 75,000 pesos for the noth of
them to equally invest it.

3.

1.) C. 6.) A.

2.) B. 7.) A, B

3.) A. 8.) A.

4.) A,B,C. 9.) C.

5.) A,B 10.) A.

4.
 1.) B.

2.) C.

3.) A.

4.) E.

5.) D.

5.

a.) Human Resources, Decision Making

b.) Division Manager of Finance, Directing, Controlling, & Organizing

c.) Sales, Planning& Organizing

d.) Sales, Planning& Organizing

e.) Production, Planning

6.

1.) C.

2.) C

3.) D.

4.) C.

5.) A.

7.

1.) A. 6.) C.

2.) A. 7.) C.

3.) A. 8.) A.

4.) B.

5.) B.
8.

a.) Relevance

b.) Compatibility

c.) Control

d.) Flexibility

e.) Cost Banefit

9.

a.) Accounting is described as information system because it is the process on

collecting data, storing, processing financial and method of tacking activities with the
information resources.

b.)

a.) Classifying

b.) Recording

c.) Interpreting

d.) Data Gathering

e.) Analyzing

10.

1. Data Gathering

2. Analyzing

3. Recording

4. Classifying

5. Interpreting

6. Reporting

7. Storing

11.
 a.) The net worth of Maamo's travel agency is P 300,000. While Maganda's beauty
parlor is

P 200,000.

b.) Yes, The Return on Equity of Maamo's Travel Agency business is 33.33 while
Maganda' s Beauty Parlor the return on equity is 50. The Return on Asset of Maamo's
Travel Agency business is 20 while the return on asset of Maganda's Beauty Parlor is
25.

c.) Maganda's Beauty Parlor is more solvent and more profitable.

d.) I prefer to lend to Maganda's Beauty Parlor because her business is more
profitanle and have a good business.

12.

Reported Net Worth( Asset less Liabilities) 1,000,0000

Less:

Worthless Receivable (150,000)

Decrease in value of equipment (250,000)

Revised net worth at its current market value = 600,000

Willy is sufficient to buy Gary's business.