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Engineering Economics

Engineering Economics
The financial health of the company is measured in terms of:

All of these
Solvency
Relative risk
Liquidity

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Engineering Economics
What refers to the cost of borrowing money or the amount earned by a unit principal per unit time?

Rate of interest
Yield rate
Economic return
Rate of return

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Engineering Economics
What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want?

Commodities
Services
Goods or commodities
Goods

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Engineering Economics
What are the common methods of computing depletion charge?

Discrete method and depletion allowance method
Unit method and percentage method
Rational method and irrational method
Conservative method and conventional method

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Engineering Economics
A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method?

P 2,300.00
P 2,200.00
P 2,000.00
P 2,100.00

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Engineering Economics
A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities.

Partnership
Entrepreneurship
Corporation
Sole proprietorship

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