Engineering Economics An association of two or more persons for the purpose of engaging into a business for profit is called ______. Corporation Partnership Proprietorship Entrepreneurship Corporation Partnership Proprietorship Entrepreneurship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Under ordinary simple interest, how many days in one year? 366 360 300 365 366 360 300 365 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note. P19,000 P19,100 P18,900 P18,000 P19,000 P19,100 P18,900 P18,000 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as; Present Worth Annuity Sinking fund annuity Compound annuity Capital recovery annuity Present Worth Annuity Sinking fund annuity Compound annuity Capital recovery annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”. 0.1315 0.1346 0.1332 0.1373 0.1315 0.1346 0.1332 0.1373 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method. 9 years 7 eyars 8 years 10 years 9 years 7 eyars 8 years 10 years ANSWER DOWNLOAD EXAMIANS APP