Engineering Economics What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Simple interest Compound interest Nominal rate of interest Effective rate of interest Simple interest Compound interest Nominal rate of interest Effective rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied? Luxury Necessity Consumer products Producer products Luxury Necessity Consumer products Producer products ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The project contractor relies on the cost of the estimate: For a unit price contract For submission of a competitive bid for a lump-sum contract For preparation of a definitive estimate to help negotiate contract All of these For a unit price contract For submission of a competitive bid for a lump-sum contract For preparation of a definitive estimate to help negotiate contract All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The financial analysis: Helps a share holder to compare the expected return on his investment in the firm against the expected return from other alternative investment Helps a bank to know the financial position of the firm for granting a loan to the firm All of these Helps to judge the success of the firm's financial plans Helps a share holder to compare the expected return on his investment in the firm against the expected return from other alternative investment Helps a bank to know the financial position of the firm for granting a loan to the firm All of these Helps to judge the success of the firm's financial plans ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to meet debts as they become due is known as ______. Insolvency Liquidity Leverage Solvency Insolvency Liquidity Leverage Solvency ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the negotiable claim issued by a bank in lien of a term deposit? Certificate of deposit Capital gain certificate Bond Time deposit Certificate of deposit Capital gain certificate Bond Time deposit ANSWER DOWNLOAD EXAMIANS APP