Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Goods Commodities Goods or commodities Services Goods Commodities Goods or commodities Services ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest? 25.0 % 24.7 % 23.5 % 25.8 % 25.0 % 24.7 % 23.5 % 25.8 % ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to an imaginary cost representing what will not be received if a particular strategy is rejected? Ghost cost Opportunity cost Null cost Horizon cost Ghost cost Opportunity cost Null cost Horizon cost 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 Capitalized cost of any structure or property is computed by which formula? First cost + salvage value First cost + cost of perpetual maintenance Annual cost – interest of first cost First cost + interest of first cost First cost + salvage value First cost + cost of perpetual maintenance Annual cost – interest of first cost First cost + interest of first cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the change in cost per unit variable change called? Variable cost Incremental cost Fixed cost Supplemental cost Variable cost Incremental cost Fixed cost Supplemental cost ANSWER DOWNLOAD EXAMIANS APP
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