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Engineering Economics

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

Insolvency
Leverage
Liquidity
Solvency

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Engineering Economics
What is a secondary book of accounts, the information of which is obtained from the journal is called?

Trial balance
Ledger
Balanced sheet
Worksheet

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Engineering Economics
First Benchmark Publishing’s gross margin is 50% of sales. The operating costs of the publishing are estimated at 15% of sales. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes?

0.19
0.21
0.2
0.18

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Engineering Economics
What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied?

Luxury
Producer products
Consumer products
Necessity

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Engineering Economics
What refers to the negotiable claim issued by a bank in lien of a term deposit?

Capital gain certificate
Certificate of deposit
Bond
Time deposit

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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.

0.1029
0.1154
0.1203
0.1219

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