Engineering Economics The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest? 0.0395 0.0398 0.039 0.0392 0.0395 0.0398 0.039 0.0392 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? Bookkeeping system Balance check General journal system Ledger system Bookkeeping system Balance check General journal system Ledger system ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “perfect competition”? Free-for-all competition Heterogeneous market No-limit competition Atomistic competition Free-for-all competition Heterogeneous market No-limit competition Atomistic competition ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The original record of a business transaction is recorded in this book. Ledger Work book Account book Journal Ledger Work book Account book Journal ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties? Fair value Franchise value Book value Market value Fair value Franchise value Book value Market value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Return on investment ratio is the ratio of the: Cost of goods sold to average cost of inventory at hand Net credit sales to average net receivable Net income to owner’s equity Market price per share to earnings per share Cost of goods sold to average cost of inventory at hand Net credit sales to average net receivable Net income to owner’s equity Market price per share to earnings per share ANSWER DOWNLOAD EXAMIANS APP
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