Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Perfect information and absence of all economic friction Homogeneous product All of these Free market entry and exit Perfect information and absence of all economic friction Homogeneous product All of these Free market entry and exit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same. 1,000 feet 1,120 feet 1,040 feet 1,100 feet 1,000 feet 1,120 feet 1,040 feet 1,100 feet ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The common ratio is the ratio of: Current assets to current liabilities Net credit sales to average net receivable Gross profit to net sales Net income to owner’s equity Current assets to current liabilities Net credit sales to average net receivable Gross profit to net sales Net income to owner’s equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the ratio which gives us sufficient information by which to judge the financial condition and performance of the firm, from the following: Activity ratio Financial leverage ratio Liquidity ratio None of these Activity ratio Financial leverage ratio Liquidity ratio None of these ANSWER DOWNLOAD EXAMIANS APP
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? 12 months 10 months 11 months 13 months 12 months 10 months 11 months 13 months ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments. P 43,489.47 P 43,263.91 P 43,763.20 P 43,600.10 P 43,489.47 P 43,263.91 P 43,763.20 P 43,600.10 ANSWER DOWNLOAD EXAMIANS APP