Engineering Economics A firm borrows P2,000 for 6 years at 8%. At the end of 6 years, it renews the loan for the amount due plus P2,000 more for 2 years at 8%. What is the lump sum due? P 3,260.34 P 3,280.34 P 3,250.34 P 3,270.34 P 3,260.34 P 3,280.34 P 3,250.34 P 3,270.34 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? 10 months 12 months 13 months 11 months 10 months 12 months 13 months 11 months ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio of current assets to current liabilities is known as Debts ratio Current ratio Acid-Test (or Quick) ratio Liquidity ratio Debts ratio Current ratio Acid-Test (or Quick) ratio Liquidity ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Commodities Services Goods Goods or commodities Commodities Services Goods Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount? 0.0415 0.0367 0.0425 0.04 0.0415 0.0367 0.0425 0.04 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct statement regarding financial statement analysis from the following. The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time The income statement is the summary of revenues and expenses of a firm over a particular period of time Final analysis always involves the use of various financial statements i.e., balance sheet and income statement All listed here The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time The income statement is the summary of revenues and expenses of a firm over a particular period of time Final analysis always involves the use of various financial statements i.e., balance sheet and income statement All listed here ANSWER DOWNLOAD EXAMIANS APP
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