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”. 0.1346 0.1332 0.1315 0.1373 0.1346 0.1332 0.1315 0.1373 ANSWER DOWNLOAD EXAMIANS APP
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 1,053 1,043 1,037 1,033 1,053 1,043 1,037 1,033 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset? Sinking fund method Straight line method Declining balance method Sum-of-year digit method Sinking fund method Straight line method Declining balance method Sum-of-year digit method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio obtained by dividing 'quick assets' by current liabilities is called Turnover ratio Solvency ratio None of these Acid test ratio Turnover ratio Solvency ratio None of these Acid test ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities. Sole proprietorship Corporation Partnership Entrepreneurship Sole proprietorship Corporation Partnership Entrepreneurship ANSWER DOWNLOAD EXAMIANS APP
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 6,222.39 P 6,922.93 P 6,292.93 P 6,999.39 P 6,222.39 P 6,922.93 P 6,292.93 ANSWER DOWNLOAD EXAMIANS APP