Engineering Economics The sunk costs include: All of these An invested capital that cannot be retrieved An unrecovered balance A past expenditure All of these An invested capital that cannot be retrieved An unrecovered balance A past expenditure ANSWER DOWNLOAD EXAMIANS APP
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 2,200.00 P 2,100.00 P 2,000.00 P 2,300.00 P 2,200.00 P 2,100.00 P 2,000.00 P 2,300.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio obtained by dividing 'quick assets' by current liabilities is called Solvency ratio None of these Acid test ratio Turnover ratio Solvency ratio None of these Acid test ratio Turnover ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? General journal system Balance check Bookkeeping system Ledger system General journal system Balance check Bookkeeping system Ledger system ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller. 50% of the fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or the net taxable income Fixed percentage of gross income or the net taxable income Fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or the net taxable income Fixed percentage of gross income or the net taxable income Fixed percentage of gross income or 50% of the net taxable income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______. Currency float Currency devaluation Currency appreciation Currency depreciation Currency float Currency devaluation Currency appreciation Currency depreciation ANSWER DOWNLOAD EXAMIANS APP
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