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 The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time All listed here Final analysis always involves the use of various financial statements i.e., balance sheet and income statement The income statement is the summary of revenues and expenses of a firm over a particular period of time The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time All listed here Final analysis always involves the use of various financial statements i.e., balance sheet and income statement ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are:A. The construction of the building now to cost P 400,000B. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected? P 19,624.49 P 19,518.03 P 19,423.69 P 19,122.15 P 19,624.49 P 19,518.03 P 19,423.69 P 19,122.15 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Both architect and engineer make use of the cost estimate of the project: For choosing alternatives All of these For designing of the project For site selection For choosing alternatives All of these For designing of the project For site selection ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘a’ is the base amount expenditure, ‘b’ is the increase in the operation cost each year over a period of’ 'n’ years, the total cost of maintenance is: a - (n - 1) b a × (n - 1) b a + (n - 1) b a + (n + 1) b a - (n - 1) b a × (n - 1) b a + (n - 1) b a + (n + 1) b ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Salvage value is sometimes known as ______. Junk value Going value Scrap value Second-hand value Junk value Going value Scrap value Second-hand value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cost of borrowing money or the amount earned by a unit principal per unit time? Economic return Yield rate Rate of return Rate of interest Economic return Yield rate Rate of return Rate of interest ANSWER DOWNLOAD EXAMIANS APP