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Engineering Economics

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

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

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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
0.0392
0.0398
0.039

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Engineering Economics
A loan for P50,000 is to be paid in 3 years at the amount of P65,000. What is the effective rate of money?

0.0941
0.0901
0.0931
0.0914

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Engineering Economics
What are the two classifications of goods and services?

Raw and finished
Consumer and producer
Local and imported
Ready-made and made-to-order

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Engineering Economics
If there are many sellers and few buyers, the market situation is _________ .

Oligopsony
Duopsony
Oligopoly
Monopoly

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Engineering Economics
Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”.

0.1315
0.1346
0.1332
0.1373

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