Engineering Economics What is another term for “unit method” for computing depletion? Sinking fund method Percentage method Factor method Initial cost method Sinking fund method Percentage method Factor method Initial cost method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Owner’s equity = liability – assets Owner’s equity = assets + liability Liability = assets + owners’ equity Assets = liability + owner’s equity Owner’s equity = liability – assets Owner’s equity = assets + liability Liability = assets + owners’ equity Assets = liability + owner’s equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? 13 months 11 months 10 months 12 months 13 months 11 months 10 months 12 months ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%. P1,459.64 P1,345.98 P1,945.64 P1,549.64 P1,459.64 P1,345.98 P1,945.64 P1,549.64 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Goods Commodities Services Goods or commodities Goods Commodities Services Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A mathematical expression also known as the present value of annuity of one is called ______. Sinking fund factor Load factor Demand factor Present worth factor Sinking fund factor Load factor Demand factor Present worth factor ANSWER DOWNLOAD EXAMIANS APP
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