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Engineering Economics

Engineering Economics
All the proceeds which are received by the business as a result of the sale of goods is called ______.

Total sales
Net income
Gross income
Net revenue

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Engineering Economics
What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually.

P 1,290.34
P 1,185.54
P 1,107.34
P 1,205.74

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Engineering Economics
What is the type of annuity where the payments are made at the end of each period starting from the first period?

Deferred annuity
Annuity due
Ordinary annuity
Perpetuity

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Engineering Economics
The ratio of current assets to current liabilities is known as

Acid-Test (or Quick) ratio
Debts ratio
Current ratio
Liquidity ratio

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Engineering Economics
The wages of supervisors and material handlers are charged as:

Direct labour cost
Indirect labour cost
Over head
None of these

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Engineering Economics
What is the change in cost per unit variable change called?

Variable cost
Supplemental cost
Incremental cost
Fixed cost

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