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Engineering Economics

Engineering Economics
The ratio of current assets to current liabilities is known as

Acid-Test (or Quick) ratio
Debts ratio
Liquidity ratio
Current ratio

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

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Engineering Economics
The alternatives which are standalone solutions for given situations in engineering involve:

The anticipated resalable value (salvage value) and the interest return (rate of return)
All of these
A purchase cost (first cost)
The anticipated life of the assets

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Engineering Economics
What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration?

Manufacturer
Seller
Buyer or consumer
Producer

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Engineering Economics
What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save?

All of these
Consumer saving
Forced saving
Compulsory saving

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Engineering Economics
What is used to record historical financial transactions?

General journal system
Balance check
Ledger system
Bookkeeping system

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