Engineering Economics Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”. 0.1332 0.1346 0.1315 0.1373 0.1332 0.1346 0.1315 0.1373 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the two classifications of goods and services? Local and imported Consumer and producer Ready-made and made-to-order Raw and finished Local and imported Consumer and producer Ready-made and made-to-order Raw and finished ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio of the net income before taxes to net sales is called ______. Current ratio Price-earnings ratio Profit margin ratio Inventory turnover Current ratio Price-earnings ratio Profit margin ratio Inventory turnover ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Commodities Goods or commodities Goods Services Commodities Goods or commodities Goods Services ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which of these gives the lowest effective rate of interest? 11.60 % compounded annually 12.20 % compounded annually 11.90 % compounded annually 12.35 % compounded annually 11.60 % compounded annually 12.20 % compounded annually 11.90 % compounded annually 12.35 % compounded annually ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. $ 5,050,000.00 $ 5,025,000.00 $ 5,010,000.00 $ 5,000,000.00 $ 5,050,000.00 $ 5,025,000.00 $ 5,010,000.00 $ 5,000,000.00 ANSWER DOWNLOAD EXAMIANS APP