Engineering Economics What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration? Manufacturer Seller Producer Buyer or consumer Manufacturer Seller Producer Buyer or consumer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually. P 1,185.54 P 1,107.34 P 1,290.34 P 1,205.74 P 1,185.54 P 1,107.34 P 1,290.34 P 1,205.74 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? 16.47 % 16.28 % 16.02 % 16.32 % 16.47 % 16.28 % 16.02 % 16.32 % ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the two classifications of goods and services? Ready-made and made-to-order Local and imported Consumer and producer Raw and finished Ready-made and made-to-order Local and imported Consumer and producer Raw and finished ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is an accounting term that represents an inventory account adjustment? Standard cost Overhead cost Cost accounting Cost of goods sold Standard cost Overhead cost Cost accounting Cost of goods sold ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The person desires to pay off the amount in 10 equal annual instalments. The amount of each installment is: Rs. 7738 Rs. 5638 None of these Rs. 6638 Rs. 7738 Rs. 5638 None of these Rs. 6638 ANSWER DOWNLOAD EXAMIANS APP
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