Engineering Economics Capitalized cost of any structure or property is computed by which formula? First cost + cost of perpetual maintenance Annual cost – interest of first cost First cost + interest of first cost First cost + salvage value First cost + cost of perpetual maintenance Annual cost – interest of first cost First cost + interest of first cost First cost + salvage value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______. Partnership Enterprise Corporation Cooperative Partnership Enterprise Corporation Cooperative ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Commodities Goods or commodities Services Goods Commodities Goods or commodities Services Goods 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? 16.47 % 16.28 % 16.02 % 16.32 % 16.47 % 16.28 % 16.02 % 16.32 % ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “unit method” for computing depletion? Initial cost method Sinking fund method Percentage method Factor method Initial cost method Sinking fund method Percentage method Factor method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The flow back of profit plus depreciation form a given project is called ______. Capital recovery Economic return Cash flow Earning value Capital recovery Economic return Cash flow Earning value ANSWER DOWNLOAD EXAMIANS APP