Engineering Economics An association of two or more persons for the purpose of engaging into a business for profit is called ______. Corporation Entrepreneurship Proprietorship Partnership Corporation Entrepreneurship Proprietorship Partnership ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A investor wishes to earn 7% on his capital after payment of taxes. If the income from an available investment will be taxed at an average rate of 42%, what minimum rate of return, before payment of taxes, must the investment offer to be justified? 0.1267 0.1234 0.1207 0.1287 0.1267 0.1234 0.1207 0.1287 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What market situation exists where there are few sellers and few buyers? Bilateral Oligopsony Oligopoly Bilateral oligopoly Oligopsony Bilateral Oligopsony Oligopoly Bilateral oligopoly Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even? 2,632 2,712 2.590 2,890 2,632 2,712 2.590 2,890 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%. P1,945.64 P1,459.64 P1,345.98 P1,549.64 P1,945.64 P1,459.64 P1,345.98 P1,549.64 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Owner’s equity = liability – assets Assets = liability + owner’s equity Liability = assets + owners’ equity Owner’s equity = assets + liability Owner’s equity = liability – assets Assets = liability + owner’s equity Liability = assets + owners’ equity Owner’s equity = assets + liability ANSWER DOWNLOAD EXAMIANS APP
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