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Engineering Economics

Engineering Economics
The original record of a business transaction is recorded in this book.

Ledger
Account book
Work book
Journal

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Engineering Economics
What is the basic accounting equation?

Owner’s equity = liability – assets
Liability = assets + owners’ equity
Assets = liability + owner’s equity
Owner’s equity = assets + liability

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Engineering Economics
A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand?

1.6 hours per unit
1.4 hours per unit
1.0 hour per unit
1.2 hours per unit

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Engineering Economics
What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for?

Equity
Dividend
Return
Par value

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Engineering Economics
What bond whose security is a mortgage on certain specified assets of the corporation?

Registered bond
Collateral trust bond
Mortgage bond
Debenture bond

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Engineering Economics
A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan?

P 6,999.39
P 6,222.39
P 6,922.93
P 6,292.93

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