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? Nominal rate of interest Simple interest Compound interest Effective rate of interest Nominal rate of interest Simple interest Compound interest Effective rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Commodities Goods or commodities Services Goods Commodities Goods or commodities Services Goods ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The flow back of profit plus depreciation form a given project is called ______. Earning value Cash flow Economic return Capital recovery Earning value Cash flow Economic return Capital recovery 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? 2890 2712 2.59 2632 2890 2712 2.59 2632 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Necessity Consumer products Luxury Producer products Necessity Consumer products Luxury Producer products ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Each financial ratio is generally compared by A ratio of some selected firms most progressive and successful at the point of consideration A past ratio calculated from the past financial standard of the firm All of these A ratio developed by using the projected financial statement of the firm A ratio of some selected firms most progressive and successful at the point of consideration A past ratio calculated from the past financial standard of the firm All of these A ratio developed by using the projected financial statement of the firm ANSWER DOWNLOAD EXAMIANS APP