Engineering Economics Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded. Quarterly Monthly Annually Bimonthly Quarterly Monthly Annually Bimonthly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest? 23.5 % 25.0 % 24.7 % 25.8 % 23.5 % 25.0 % 24.7 % 25.8 % ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An association of two or more persons for the purpose of engaging into a business for profit is called ______. Partnership Corporation Entrepreneurship Proprietorship Partnership Corporation Entrepreneurship Proprietorship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What represents the ownership of stockholders who have a residual claim on the assets of the corporation after all other claims have been settled? Incorporator stock Common stock Preferred stock Authorized capital stock Incorporator stock Common stock Preferred stock Authorized capital stock ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%. P1,459.64 P1,549.64 P1,345.98 P1,945.64 P1,459.64 P1,549.64 P1,345.98 P1,945.64 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Gross margin is the ratio of the gross profit to ______. Quick assets Net sale Owner’s equity Inventory turnover Quick assets Net sale Owner’s equity Inventory turnover ANSWER DOWNLOAD EXAMIANS APP