Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Services Goods Commodities Goods or commodities Services Goods Commodities Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is considered as the standard unit which forms the basis of a country’s domestic money supply? Monetary unit Cash or check Foreign exchange Currency Monetary unit Cash or check Foreign exchange Currency ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Capitalized cost of any structure or property is computed by which formula? First cost + cost of perpetual maintenance First cost + salvage value First cost + interest of first cost Annual cost – interest of first cost First cost + cost of perpetual maintenance First cost + salvage value First cost + interest of first cost Annual cost – interest of first cost 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 Liquidity ratios are used: All of these To measure a firm’s ability to meet short-cut obligations To compare short term obligations to short-term resources available to meet these obligations To obtain much insight into the present cash solvency of the firm and the firm All of these To measure a firm’s ability to meet short-cut obligations To compare short term obligations to short-term resources available to meet these obligations To obtain much insight into the present cash solvency of the firm and the firm 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 0.1602 0.1647 0.1632 0.1628 0.1602 0.1647 0.1632 ANSWER DOWNLOAD EXAMIANS APP
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