Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Seller Buyer or consumer Producer Manufacturer Seller Buyer or consumer Producer Manufacturer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. $ 5,025,000.00 $ 5,050,000.00 $ 5,010,000.00 $ 5,000,000.00 $ 5,025,000.00 $ 5,050,000.00 $ 5,010,000.00 $ 5,000,000.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: Law of demand Law of supply and demand Law of diminishing return Law of supply Law of demand Law of supply and demand Law of diminishing return Law of supply ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “unit method” for computing depletion? Sinking fund method Percentage method Initial cost method Factor method Sinking fund method Percentage method Initial cost method Factor method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is an index of short-term paying ability? Price-earnings ratio Gross margin Current ratio Profit margin ratio Price-earnings ratio Gross margin Current ratio Profit margin ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment? P 2,540.56 P 2,544.45 P 2,504.57 P 2,500.57 P 2,540.56 P 2,544.45 P 2,504.57 P 2,500.57 ANSWER DOWNLOAD EXAMIANS APP
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