Engineering Economics What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest? Effective rate of interest Simple interest Nominal rate of interest Compound interest Effective rate of interest Simple interest Nominal rate of interest Compound interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A investor wishes to earn 7% on his capital after payment of taxes. If the income from an available investment will be taxed at an average rate of 42%, what minimum rate of return, before payment of taxes, must the investment offer to be justified? 0.1207 0.1287 0.1267 0.1234 0.1207 0.1287 0.1267 0.1234 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a secondary book of accounts, the information of which is obtained from the journal is called? Worksheet Ledger Balanced sheet Trial balance Worksheet Ledger Balanced sheet Trial balance ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000 1033 1037 1053 1043 1033 1037 1053 1043 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render? Physical depreciation Demand depreciation Functional depreciation Design depreciation Physical depreciation Demand depreciation Functional depreciation Design depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund? Bond Securities Bank notes T-bills Bond Securities Bank notes T-bills ANSWER DOWNLOAD EXAMIANS APP