Engineering Economics
Both architect and engineer make use of the cost estimate of the project:

For choosing alternatives
For site selection
For designing of the project
All of these

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Engineering Economics
Each financial ratio is generally compared by

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

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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?

16.02 %
16.28 %
16.32 %
16.47 %

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Engineering Economics
Which is true about partnership?

Its capitalization must be equal for each partner.
It can be handed down from one generation of partners to another.
It will be dissolved if one of the partners ceases to be connected with the partnership.
It has a perpetual life.

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