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Engineering Economics

Engineering Economics
One banker’s year is equivalent to ______ days.

365
360
366
300

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Engineering Economics
Current assets less inventories divided by current liabilities is known as

Current ratio
Acid-Test (or Quick) ratio
Liquidity ratio
Debts ratio

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Engineering Economics
What is used to record historical financial transactions?

General journal system
Balance check
Bookkeeping system
Ledger system

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Engineering Economics
What is the type of annuity that does not have a fixed time span but continues indefinitely or forever?

Deferred annuity
Ordinary annuity
Annuity due
Perpetuity

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Engineering Economics
The amount of property in which a willing buyer to a willing seller for the property when neither one is under the compulsion to buy nor to sell is called ______.

Good will value
Book value
Market value
Fair value

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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”.

0.1315
0.1373
0.1332
0.1346

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