Engineering Economics The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______. Currency appreciation Currency devaluation Currency depreciation Currency float Currency appreciation Currency devaluation Currency depreciation Currency float ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank? P 62.44 P44.55 P37.56 P54.66 P 62.44 P44.55 P37.56 P54.66 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Double taxation is a disadvantage of which business organization? Sole proprietorship Corporation Partnership Enterprise Sole proprietorship Corporation Partnership Enterprise ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Perfect monopoly exists only if: the single vendor gets the absolute franchise of the product the single vendor is the only one who has the permit to sell the single vendor can prevent the entry of all other vendors in the market the single vendor is the only one who has the knowledge of the product the single vendor gets the absolute franchise of the product the single vendor is the only one who has the permit to sell the single vendor can prevent the entry of all other vendors in the market the single vendor is the only one who has the knowledge of the product ANSWER DOWNLOAD EXAMIANS APP
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 0.18 0.2 0.19 0.21 0.18 0.2 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An association of two or more persons for the purpose of engaging into a business for profit is called ______. Partnership Proprietorship Corporation Entrepreneurship Partnership Proprietorship Corporation Entrepreneurship ANSWER DOWNLOAD EXAMIANS APP