FABM 2 S2 REVIEW

Financial Ratios

100

This pertains to the company's capacity to pay long term debts or liabilities.

What is Solvency?

200

It pertains to the ratio of the business assets that are financed by capital.

What is Equity Ratio?

300

This pertains to the business' ability to pay its current liabilities with the use of its current assets.

What is Working Capital Ratio?

400

This is the formula to solve for the operating margin ratio.

What is Operating Profit/Net Sales?

500

This measures the return generated by the owner's capital invested in the business.

What is Return on Equity (ROE)?

ACRONYMS

100

This is the meaning of CTD.

What is Certificate of Time Deposit?

200

ROA

What is Return on Assets?

300

ATM

What is Automated Teller Machine?

400

UITF/s

What is Unit Investment Trust Funds?

500

BPI

What is Bank of the Philippine Islands?

Percentage

100

The percentage increase/decrease if the current year, has a gross income of Php 160,000 which previously was Php 200,000. 

What is 20%?

200

The amount movement (increase/decrease) if the previous year is Php 35,000 and the current year is 40,000.

What is increase?

300

The percentage of the current asset to its total asset if the current asset is Php 500,000 and the total asset is Php 1,200,000.

What is 41.67%?

400

The percent of current liabilities to equity if the current liability is Php 30,000 and the equity is Php 30,000.

What is 100%?

500

It is the movement of amount (increase/decrease) if the previous year was higher than the current year.

What is decrease?

Bank Accounts

100

This is more convenient to use in terms of withdrawing money than the traditional over-the-counter transactions.

What is ATM?

200

It is the easiest and simplest account to maintain which has a lesser interest rate than other bank accounts.

What is Savings Account?

300

These are open-ended pooled trust funds made available to interested investors throught units of participation which are valued on a market-to-market basis.

What is UITFs?

400

It is the type of account wherein the depositor agrees not to withdraw the funds over the contracted period in exchange for a fixed interest rate that is higher than deposit rates.

What is Time Deposit?

500

The requirements needed in opening a bank account for individual personal account.

What are Valid ID, Company ID, Proof of Billing, and School ID for Students (PSA for secondary document)?

Bank Documents

100

A small paper forms filled out to put cash or checks into an account, showing the date, account number and money breakdown.

What is Deposit Slips?

200

These are written orders directing a bank to pay a specific amount of money from a person's account to someone else.

What is check?

300

The official periodic summaries listing all account transactions, fees, deposits, withdrawals, and ending balances.

What is Passbook or Bank Statements?

400

These forms are used by customers to take money out of their bank accounts in person.

What is Withdrawal Slips?

500

The elements of the Bank Deposit Slips

What are Date, Account Number, Account Name, Denomination, and Signature?