Question

Saint Anthony College (SAC) is non-stock, non-profit educational institution. It owns a 5 hectares lot one half of which is being used as its school campus while the other half is vacant. To cope with the increasing operating costs and to upgrade its facilities, SAC plans to do the following effective January 1, 2017: (1) Rent out to a marketing firm the vacant portion of the lot. (2) Increase tuition fees by 10% in accordance with government regulations: and (3) Import 20 sets of computers for use in its computer courses. Which of the following is answerable by "yes"

Answer 1

Answer:

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