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Engineering Economics

Engineering Economics
Cash money and credit necessary to establish and operate an enterprise are generally called ______.

Capital
Funds
Assets
Liabilities

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Engineering Economics
Lands, buildings, plants and machineries are example of what type of asset?

Current asset
Intangible asset
Trade investment asset
Fixed asset

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Engineering Economics
The ability to convert assets to cash quickly is known as ______.

Solvency
Liquidity
Leverage
Insolvency

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Engineering Economics
What is an accounting term that represents an inventory account adjustment?

Cost of goods sold
Overhead cost
Standard cost
Cost accounting

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Engineering Economics
A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan?

P 6,999.39
P 6,922.93
P 6,292.93
P 6,222.39

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Engineering Economics
A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000

1,037
1,053
1,033
1,043

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