Engineering Economics A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______. Partnership Enterprise Corporation Cooperative Partnership Enterprise Corporation Cooperative ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A investor wishes to earn 7% on his capital after payment of taxes. If the income from an available investment will be taxed at an average rate of 42%, what minimum rate of return, before payment of taxes, must the investment offer to be justified? 0.1207 0.1234 0.1287 0.1267 0.1207 0.1234 0.1287 0.1267 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even? 2,890 2,632 2,712 2.590 2,890 2,632 2,712 2.590 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: Law of supply and demand Law of demand Law of supply Law of diminishing return Law of supply and demand Law of demand Law of supply Law of diminishing return ANSWER DOWNLOAD EXAMIANS APP
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 3,280.34 P 3,260.34 P 3,250.34 P 3,270.34 P 3,280.34 P 3,260.34 P 3,250.34 P 3,270.34 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Capitalized cost of any structure or property is computed by which formula? First cost + cost of perpetual maintenance Annual cost – interest of first cost First cost + salvage value First cost + interest of first cost First cost + cost of perpetual maintenance Annual cost – interest of first cost First cost + salvage value First cost + interest of first cost ANSWER DOWNLOAD EXAMIANS APP
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