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? Effective rate of interest Compound interest Nominal rate of interest Simple interest Effective rate of interest Compound interest Nominal rate of interest Simple interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In computing depreciation of an equipment, which of the following represents the first cost? Initial taxes and permit fees All of these The original purchase price and freight charges Installation expenses Initial taxes and permit fees All of these The original purchase price and freight charges Installation expenses ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______. Sunk cost Economic life In-place value Annuity Sunk cost Economic life In-place value Annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The construction estimate of a project is used by: The contractor of the project The owner of the facility The consulting architect/engineer All of these The contractor of the project The owner of the facility The consulting architect/engineer All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even? 2,890 2,712 2.590 2,632 2,890 2,712 2.590 2,632 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics One banker’s year is equivalent to ______ days. 365 366 360 300 365 366 360 300 ANSWER DOWNLOAD EXAMIANS APP
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