Engineering Economics In what method of computing depreciation where it assumes that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year? Sum-of-year digit method Sinking fund method Straight line method Declining balance method Sum-of-year digit method Sinking fund method Straight line method Declining balance method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A bond without any security behind them except a promise to pay by the issuing corporation is called ______. Trust bond Joint bond Debenture bond Common bond Trust bond Joint bond Debenture bond Common bond 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? Goods or commodities Commodities Services Goods Goods or commodities Commodities Services Goods ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What stock represents ownership and enjoys certain preferences than ordinary stock? Presidential stock Incorporator’s stock Authorized stock Preferred stock Presidential stock Incorporator’s stock Authorized stock Preferred stock ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the ordinary interest on P1,500.50 for 182 days at 5.2%? P39.01 P39.45 P39.82 P39.99 P39.01 P39.45 P39.82 P39.99 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank? P 62.44 P54.66 P37.56 P44.55 P 62.44 P54.66 P37.56 P44.55 ANSWER DOWNLOAD EXAMIANS APP