Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Seller Producer Buyer or consumer Manufacturer Seller Producer Buyer or consumer Manufacturer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The common ratio is the ratio of: Net credit sales to average net receivable Net income to owner’s equity Gross profit to net sales Current assets to current liabilities Net credit sales to average net receivable Net income to owner’s equity Gross profit to net sales Current assets to current liabilities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn? Yield Present worth factor Time value of money Interest rate Yield Present worth factor Time value of money Interest rate ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 0.1628 0.1647 0.1632 0.1602 0.1628 0.1647 0.1632 0.1602 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%. P1,549.64 P1,945.64 P1,345.98 P1,459.64 P1,549.64 P1,945.64 P1,345.98 P1,459.64 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Liability = assets + owners’ equity Owner’s equity = assets + liability Owner’s equity = liability – assets Assets = liability + owner’s equity Liability = assets + owners’ equity Owner’s equity = assets + liability Owner’s equity = liability – assets Assets = liability + owner’s equity ANSWER DOWNLOAD EXAMIANS APP
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