same definition‚ what is meant by a “finance charge”? A finance charge includes interest‚ fees‚ service charges‚ discounts‚ and such other charges incident to the extension of credit as may be prescribed by the Monetary Board of the Bangko Sentral ng Pilipinas through regulations. What are the information required to be furnished to the debtor or borrower? (1) the cash price or delivered price of the property or service to be acquired; (2) the amounts‚
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Value-Added Tax is a form of sales tax. It is a tax on consumption levied on the sale‚ barter‚ exchange or lease of goods or properties and services in the Philippines and on importation of goods into the Philippines. It is an indirect tax‚ which may be shifted or passed on to the buyer‚ transferee or lessee of goods‚ properties or services. 1. What is a VAT registered individual? * Any person or entity who‚ in the course of his trade or business‚ sells‚ barters‚ exchanges‚ leases goods
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FINANCIAL ANALYSIS For the Year 2012‚ 2011‚ 2010 Introduction: Knowing the financial conditions of Metrobank is very important. Such knowledge will help us allocate resources and identify areas requiring development and problems that need correction. As students of finance who can eventually be a financial manager should know how the business enterprise is doing financially. Is it growing or contracting? Will it be around for a long time? How profitable is the company? And what we should
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(formerly the country head office of Levi’s Philippines). ------------------------------------------------- History EastWest Bank was created on July 6‚ 1994 as the Philippines’ thirty-fourth commercial bank. It was on that date that the Bangko Sentral ng Pilipinas granted EastWest Bank its commercial banking license. Backed-up by the Filinvest Group of Companies‚ EastWest Bank opened to the public along Senator Gil Puyat Avenue‚ Makati on August 1‚ 1994. This was the comeback of the Gotianun’s in
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Manuel Roxas Proclamation that the existence of the Huks as illegal General amnesty for the guerillas Opened Mindanao for agricultural expansion Agricultural Tenancy Act Favored close relations to US that he campaigned for Parity rights Elpidio Quirino policies were directed at restoring the faith and confidence of the people and restoration of peace and order granted amnesty to the Huks. Breakdown of amnesty led to an anti-Huk campaign established a new land reform agency Phil and US signed Mutual
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Alpha Sharmaine V. Salonga BSA-IA November 12‚ 2010 THE EVOLUTION OF PHILIPPINE CURRENCY The evolution of the Philippine currency has become a journey through centuries that began in the pre-colonization periods and continued up to now in our modern days. During the Pre-hispanic era‚ trading of goods was conducted through barter. Later on‚ its inconvenience led to the use of mediums of exchange such as gold‚ piloncitos‚ gold barter rings. These are believed to be the earliest coins of
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PAMANTASAN NG LUNGSOD NG MAYNILA (University of the City of Manila) Intramuros‚ Manila‚ Philippines COLLEGE OF MANAGEMENT AND ENTREPRENEURSHIP March ____‚ 2013 Dear Sir/Madam: As part of the curriculum of the College of Management and Entrepreneurship‚ we are requiring students to undergo on-the-job training for the purpose of developing their skills through actual exposure in their line of specialization and observe the manner in which related problems can be solved. We incorporated
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[pic] Divine Word College of Laoag LaoagCity History of The Philippine Money Project in Basic Finance Submitted By: Course: BSBA OM – II Submitted To: Pre-Hispanic Era At least 2000 years before the arrival of the Spaniards‚ the Philippines is home to small seafaring communities. These communities traded with neighboring countries such as Malaysia‚ Vietnam and China through barter. Chinese Ming Dynasty porcelain and metalware
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Extemporaneous Speech Topic: Filipino : An Exported Worker Before anything‚ I would like to greet my fellow students and teacher a warm‚ good afternoon. I am here standing before you now to state my opinions regarding the topic: "Filipino : An Exported Worker". If you ask a normal person what comes to their mind whenever they hear the word "OFWs"‚ they would usually come up with a common answer‚ That is‚ an OFW is person who’s working or studying in another country. Well‚ it is no doubt that
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1) State briefly the development of a central bank. - From Central Bank of the Philippines it became Bangko Sentral ng Pilipinas. It was established in July 1993 as an independent central monetary authority pursuant to R.A. No. 7653 which restructured the old Central Bank of the Philippines. The BSP’s main responsibility is to formulate and implement policy in the areas of money‚ banking‚ and credit. 2) What are the objectives of the BSP? - The BSP’s main primary objective is to maintain price
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