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Engineering Economics

Engineering Economics
A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of return annually.

0.1232
0.1175
0.115
0.1195

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Engineering Economics
The ratio obtained by dividing 'quick assets' by current liabilities is called

None of these
Acid test ratio
Solvency ratio
Turnover ratio

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Engineering Economics
An association of two or more persons for the purpose of engaging into a business for profit is called ______.

Entrepreneurship
Proprietorship
Partnership
Corporation

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Engineering Economics
What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties?

Fair value
Market value
Book value
Franchise value

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Engineering Economics
The original record of a business transaction is recorded in this book.

Journal
Ledger
Account book
Work book

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Engineering Economics
All are classified under direct labor expenses EXCEPT one. Which one?

Testing cost
Inspection cost
Supervision cost
Assembly cost

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