Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Services Goods Goods or commodities Commodities Services Goods Goods or commodities Commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following? Cost per function method Base unit method Cost per linear metre method Cost per square metre method Cost per function method Base unit method Cost per linear metre method Cost per square metre method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount? 0.0415 0.04 0.0425 0.0367 0.0415 0.04 0.0425 0.0367 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio of the net income before taxes to net sales is called ______. Current ratio Price-earnings ratio Profit margin ratio Inventory turnover Current ratio Price-earnings ratio Profit margin ratio Inventory turnover ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Economic return Effective interest Nominal interest Expected return Economic return Effective interest Nominal interest Expected return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as ______. Yield Economic return Gain Earning value Yield Economic return Gain Earning value ANSWER DOWNLOAD EXAMIANS APP