Engineering Economics Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______. Stockholders Investors Corporation Partnership Stockholders Investors Corporation Partnership ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount? 0.0415 0.04 0.0367 0.0425 0.0415 0.04 0.0367 0.0425 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______. Currency devaluation Currency float Currency depreciation Currency appreciation Currency devaluation Currency float Currency depreciation Currency appreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In a cash flow series: Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period Either an increase or decrease in the amount of a cash flow is called the gradient All of these The gradient in the cash flow may be positive or negative Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period Either an increase or decrease in the amount of a cash flow is called the gradient All of these The gradient in the cash flow may be positive or negative ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Manufacturer Producer Buyer or consumer Seller Manufacturer Producer Buyer or consumer Seller ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. $ 5,000,000.00 $ 5,010,000.00 $ 5,025,000.00 $ 5,050,000.00 $ 5,000,000.00 $ 5,010,000.00 $ 5,025,000.00 $ 5,050,000.00 ANSWER DOWNLOAD EXAMIANS APP