Engineering Economics Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Determine the rate of simple interest. 0.1219 0.1029 0.1203 0.1154 0.1219 0.1029 0.1203 0.1154 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Owner’s equity = assets + liability Liability = assets + owners’ equity Owner’s equity = liability – assets Assets = liability + owner’s equity Owner’s equity = assets + liability Liability = assets + owners’ equity Owner’s equity = liability – assets Assets = liability + owner’s equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Oligopoly exists when there is/are: Few sellers and many buyers Many sellers and few buyers One seller and few buyers Few sellers and few buyers Few sellers and many buyers Many sellers and few buyers One seller and few buyers Few sellers and few buyers ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Is an artificial being created by operation of law, having the right of succession and the process, attributes and properties expressly authorized by the law or incident to its existence. Property Organization Partnership Corporation Property Organization Partnership Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If there are many sellers and few buyers, the market situation is _________ . Monopoly Duopsony Oligopoly Oligopsony Monopoly Duopsony Oligopoly Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct statement regarding financial statement analysis from the following. The income statement is the summary of revenues and expenses of a firm over a particular period of time Final analysis always involves the use of various financial statements i.e., balance sheet and income statement All listed here The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time The income statement is the summary of revenues and expenses of a firm over a particular period of time Final analysis always involves the use of various financial statements i.e., balance sheet and income statement All listed here The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time ANSWER DOWNLOAD EXAMIANS APP