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Engineering Economics

Engineering Economics
A uniform series of payment occurring at equal interval of time is called ______.

Amortization
Annuity
Depreciation
Bond

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Engineering Economics
What is another term for “perfect competition”?

Heterogeneous market
Free-for-all competition
No-limit competition
Atomistic competition

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Engineering Economics
What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents?

Inflation
Depreciation
Depletion
Deflation

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Engineering Economics
The ratio of the net income before taxes to net sales is called ______.

Inventory turnover
Price-earnings ratio
Profit margin ratio
Current ratio

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Engineering Economics
What are the common methods of computing depletion charge?

Discrete method and depletion allowance method
Unit method and percentage method
Conservative method and conventional method
Rational method and irrational method

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Engineering Economics
The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest?

0.039
0.0398
0.0395
0.0392

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