Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? 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 Perfect information and absence of all economic friction ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics All the proceeds which are received by the business as a result of the sale of goods is called ______. Total sales Net revenue Gross income Net income Total sales Net revenue Gross income Net income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 0.1602 0.1647 0.1632 0.1628 0.1602 0.1647 0.1632 0.1628 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the value of an intangible item which arises from the exclusive right of a company to provide a specified product and service in a certain region of the country? Company value Going value Goodwill value Franchise value Company value Going value Goodwill value Franchise value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What bond whose security is a mortgage on certain specified assets of the corporation? Mortgage bond Registered bond Debenture bond Collateral trust bond Mortgage bond Registered bond Debenture bond Collateral trust bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In case of bankruptcy of a partnership, The partners are not liable for the liabilities of the partnership The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities The partners personal assets are attached to the debt of the partnership The partners nay sell stock to generate additional capital The partners are not liable for the liabilities of the partnership The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities The partners personal assets are attached to the debt of the partnership The partners nay sell stock to generate additional capital ANSWER DOWNLOAD EXAMIANS APP
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