Engineering Economics Pick up the correct statement regarding financial statement analysis from the following. 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 The income statement is the summary of revenues and expenses of a firm over a particular period of time ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following? Cost per square metre method Cost per linear metre method Base unit method Cost per function method Cost per square metre method Cost per linear metre method Base unit method Cost per function method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 0.1628 0.1602 0.1647 0.1632 0.1628 0.1602 0.1647 0.1632 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market? Oligopoly Oligopsony Perfect competition Monopoly Oligopoly Oligopsony Perfect competition Monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A construction estimate is used None of these To produce a statement of the approximate cost To judge tentatively or approximate value of the project To decide an approximation of the value of the project and not the exact cost None of these To produce a statement of the approximate cost To judge tentatively or approximate value of the project To decide an approximation of the value of the project and not the exact cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What do you call a one-time credit against taxes? Tax credit Revenue credit Credible credit Due credit Tax credit Revenue credit Credible credit Due credit ANSWER DOWNLOAD EXAMIANS APP
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