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
0.1203
0.1154
0.1029

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Engineering Economics
Liquidity ratios are used:

All of these
To obtain much insight into the present cash solvency of the firm and the firm
To compare short term obligations to short-term resources available to meet these obligations
To measure a firm’s ability to meet short-cut obligations

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Engineering Economics
Perfect monopoly exists only if:

the single vendor is the only one who has the knowledge of the product
the single vendor gets the absolute franchise of the product
the single vendor is the only one who has the permit to sell
the single vendor can prevent the entry of all other vendors in the market

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