Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Deflation Inflation Depreciation Depletion Deflation Inflation Depreciation Depletion ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is an index of short-term paying ability? Current ratio Price-earnings ratio Gross margin Profit margin ratio Current ratio Price-earnings ratio Gross margin Profit margin ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The declining balance method is also known as ______. Double percentage method Constant percentage method Modified sinking fund method Modified SYD method Double percentage method Constant percentage method Modified sinking fund method Modified SYD method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of money paid for the use of borrowed capital? Rate of interest Interest Simple interest Principal Rate of interest Interest Simple interest Principal ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest? 25.0 % 25.8 % 23.5 % 24.7 % 25.0 % 25.8 % 23.5 % 24.7 % ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of a product made available for sale? Supply Product Good Demand Supply Product Good Demand ANSWER DOWNLOAD EXAMIANS APP