Engineering Economics
Annuities involve:

A series of payments
All payments of equal amount
All of these
Payment at equal time intervals

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Engineering Economics
The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now?

13 months
10 months
11 months
12 months

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Engineering Economics
Each financial ratio is generally compared by

A ratio developed by using the projected financial statement of the firm
A ratio of some selected firms most progressive and successful at the point of consideration
A past ratio calculated from the past financial standard of the firm
All of these

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