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. 0.1154 0.1219 0.1029 0.1203 0.1154 0.1219 0.1029 0.1203 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “acid-test ratio”? Current ratio Profit margin ratio Quick ratio Price-earnings ratio Current ratio Profit margin ratio Quick ratio Price-earnings ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Nominal interest Effective interest Economic return Expected return Nominal interest Effective interest Economic return Expected return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the increase in the money value of a capital asset is called? Capital gain Capital expenditure Capital stock Profit Capital gain Capital expenditure Capital stock Profit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment? P 2,500.57 P 2,544.45 P 2,504.57 P 2,540.56 P 2,500.57 P 2,544.45 P 2,504.57 P 2,540.56 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A farmer selling eggs at 50 pesos a dozen gains 20%. If he sells the eggs at the same price after the costs of the eggs rises by 12.5%, how much will be his new gain in percent? 0.0658 0.0665 0.0612 0.0689 0.0658 0.0665 0.0612 0.0689 ANSWER DOWNLOAD EXAMIANS APP