Engineering Economics A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments. P 43,263.91 P 43,600.10 P 43,489.47 P 43,763.20 P 43,263.91 P 43,600.10 P 43,489.47 P 43,763.20 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? Balance check Ledger system General journal system Bookkeeping system Balance check Ledger system General journal system Bookkeeping system ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ______. Return Share of stock Equity Dividend Return Share of stock Equity Dividend 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? 13 months 10 months 11 months 12 months 13 months 10 months 11 months 12 months ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to convert assets to cash quickly is known as ______. Leverage Solvency Insolvency Liquidity Leverage Solvency Insolvency Liquidity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the two classifications of goods and services? Consumer and producer Raw and finished Ready-made and made-to-order Local and imported Consumer and producer Raw and finished Ready-made and made-to-order Local and imported ANSWER DOWNLOAD EXAMIANS APP