Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Depletion Depreciation Deflation Inflation Depletion Depreciation Deflation Inflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Assets = liability + owner’s equity Owner’s equity = liability – assets Owner’s equity = assets + liability Liability = assets + owners’ equity Assets = liability + owner’s equity Owner’s equity = liability – assets Owner’s equity = assets + liability Liability = assets + owners’ equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the ratio which gives us sufficient information by which to judge the financial condition and performance of the firm, from the following: Activity ratio None of these Liquidity ratio Financial leverage ratio Activity ratio None of these Liquidity ratio Financial leverage ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What market situation exists where there are few sellers and few buyers? Bilateral oligopoly Oligopoly Bilateral Oligopsony Oligopsony Bilateral oligopoly Oligopoly Bilateral Oligopsony Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a secondary book of accounts, the information of which is obtained from the journal is called? Trial balance Worksheet Ledger Balanced sheet Trial balance Worksheet Ledger Balanced sheet ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 0.1632 0.1628 0.1602 0.1647 0.1632 0.1628 0.1602 0.1647 ANSWER DOWNLOAD EXAMIANS APP
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