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Engineering Economics

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

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

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Engineering Economics
What refers to the goods and services that are required to support human life, needs and activities?

Luxury
Necessity
Producer products
Consumer products

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Engineering Economics
A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000

1033
1043
1053
1037

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Engineering Economics
What is considered as the basic consuming or demanding unit of a commodity?

Seller
Producer
Buyer or consumer
Manufacturer

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Engineering Economics
Which of these gives the lowest effective rate of interest?

12.20 % compounded annually
11.60 % compounded annually
11.90 % compounded annually
12.35 % compounded annually

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Engineering Economics
What refers to the amount of money paid for the use of borrowed capital?

Rate of interest
Principal
Simple interest
Interest

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