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Engineering Economics

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

Seller
Producer
Manufacturer
Buyer or consumer

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Engineering Economics
Current assets less inventories divided by current liabilities is known as

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

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Engineering Economics
The original record of a business transaction is recorded in this book.

Ledger
Work book
Account book
Journal

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Engineering Economics
Which one of the following is not a construction estimate?

Definite estimate
Initial feasibility estimate
Conceptual preliminary budget
None of these

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Engineering Economics
A feasibility study shows that a fixed capital investment of P10,000,000 is required for a proposed construction firm and an estimated working capital of P2,000,000. Annual depreciation is estimated to be10% of the fixed capital investment. Determine the rate of return on the total investment if the annual profit is P3,500,000.

0.2833
0.2917
0.3012
0.3078

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Engineering Economics
A project construction cost estimate includes:

The profit of the contractor
The labour and material cost
The equipment and over head cost
All of these

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