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Engineering Economics

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

300
360
365
366

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Engineering Economics
What refers to the value of an intangible item which arises from the exclusive right of a company to provide a specified product and service in a certain region of the country?

Franchise value
Going value
Goodwill value
Company value

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Engineering Economics
The ability to convert assets to cash quickly is known as ______.

Insolvency
Solvency
Liquidity
Leverage

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Engineering Economics
A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount?

0.0415
0.04
0.0425
0.0367

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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
Fair value
Market value
Book value

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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

1,037
1,033
1,053
1,043

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