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 ______. Market value Book value Good will value Fair value Market value Book value Good will value Fair value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Owner’s equity = assets + liability Owner’s equity = liability – assets Liability = assets + owners’ equity Assets = liability + owner’s equity Owner’s equity = assets + liability Owner’s equity = liability – assets Liability = assets + owners’ equity Assets = liability + owner’s equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand? 1.4 hours per unit 1.0 hour per unit 1.2 hours per unit 1.6 hours per unit 1.4 hours per unit 1.0 hour per unit 1.2 hours per unit 1.6 hours per unit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a secondary book of accounts, the information of which is obtained from the journal is called? Ledger Worksheet Balanced sheet Trial balance Ledger Worksheet Balanced sheet Trial balance ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Gross margin is the ratio of the gross profit to ______. Owner’s equity Quick assets Net sale Inventory turnover Owner’s equity Quick assets Net sale Inventory turnover ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan? P 6,222.39 P 6,292.93 P 6,999.39 P 6,922.93 P 6,222.39 P 6,292.93 P 6,999.39 P 6,922.93 ANSWER DOWNLOAD EXAMIANS APP
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