Engineering Economics The difference between the present and future worth of money at some time in the future is called ______. Deduction Inflation Discount Depletion Deduction Inflation Discount Depletion ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year? Sinking fund method Sum-of-year digit method Declining balance method Straight line method Sinking fund method Sum-of-year digit method Declining balance method Straight line method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Homogeneous product All of these Perfect information and absence of all economic friction Free market entry and exit Homogeneous product All of these Perfect information and absence of all economic friction Free market entry and exit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______. Corporation Cooperative Partnership Enterprise Corporation Cooperative Partnership Enterprise ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The sunk costs include: An unrecovered balance An invested capital that cannot be retrieved A past expenditure All of these An unrecovered balance An invested capital that cannot be retrieved A past expenditure All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? 13 months 10 months 12 months 11 months 13 months 10 months 12 months 11 months ANSWER DOWNLOAD EXAMIANS APP