Engineering Economics A project construction cost estimate includes: The labour and material cost The equipment and over head cost All of these The profit of the contractor The labour and material cost The equipment and over head cost All of these The profit of the contractor ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the simplest form of business organization? Sole proprietorship Corporation Partnership Enterprise Sole proprietorship Corporation Partnership Enterprise ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics First Benchmark Publishing’s gross margin is 50% of sales. The operating costs of the publishing are estimated at 15% of sales. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes? 0.2 0.21 0.18 0.19 0.2 0.21 0.18 0.19 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn? Present worth factor Interest rate Yield Time value of money Present worth factor Interest rate Yield Time value of money 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? Goods Services Goods or commodities Commodities Goods Services Goods or commodities Commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest? Nominal rate of interest Simple interest Compound interest Effective rate of interest Nominal rate of interest Simple interest Compound interest Effective rate of interest ANSWER DOWNLOAD EXAMIANS APP