Engineering Economics What is another term for “perfect competition”? No-limit competition Heterogeneous market Free-for-all competition Atomistic competition No-limit competition Heterogeneous market Free-for-all competition Atomistic competition 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 2,300.00 P 2,100.00 P 2,200.00 P 2,000.00 P 2,300.00 P 2,100.00 P 2,200.00 P 2,000.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? Balance check Bookkeeping system General journal system Ledger system Balance check Bookkeeping system General journal system Ledger system ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method. 7 eyars 10 years 8 years 9 years 7 eyars 10 years 8 years 9 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are:A. The construction of the building now to cost P 400,000B. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected? P 19,624.49 P 19,518.03 P 19,122.15 P 19,423.69 P 19,624.49 P 19,518.03 P 19,122.15 P 19,423.69 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the claim of anyone to ownership? Equity Proprietorship Liability Assets Equity Proprietorship Liability Assets ANSWER DOWNLOAD EXAMIANS APP