Contemporary Issues Affecting Filipino Entrepreneurs Flashcards
1
Q
2 types of investment
A
- Long term-takes 3-5 years
- Short term- returns after 1 year
2
Q
-Amount charges for the use of assets as a percentage of the principal
-known as the annual percentage rate (APR)
A
Interest rate
3
Q
Usually do not have their own space to start their business
A
Rentals
4
Q
Provide job opportunities that is why they have employees
A
Minimum wage
5
Q
Mandatory financial change, imposed upon a taxpayer by a governmental organizartion
A
Taxes
