Engineering Economics The difference between the present and future worth of money at some time in the future is called ______. Depletion Deduction Inflation Discount Depletion Deduction Inflation Discount ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Commodities Goods Goods or commodities Services Commodities Goods Goods or commodities Services ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______. Material cost First cost Fixed cost In-place value Material cost First cost Fixed cost In-place value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Gross margin is the ratio of the gross profit to ______. Quick assets Inventory turnover Owner’s equity Net sale Quick assets Inventory turnover Owner’s equity Net sale ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year? P705.42 P693.12 P700.12 P702.15 P705.42 P693.12 P700.12 P702.15 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Duopsony is a market situation where there is/are: Few sellers and few buyers One seller and few buyers Few sellers and many buyers Many sellers and few buyers Few sellers and few buyers One seller and few buyers Few sellers and many buyers Many sellers and few buyers ANSWER DOWNLOAD EXAMIANS APP