Engineering Economics What is the basic accounting equation? Assets = liability + owner’s equity Owner’s equity = assets + liability Owner’s equity = liability – assets Liability = assets + owners’ equity Assets = liability + owner’s equity Owner’s equity = assets + liability Owner’s equity = liability – assets Liability = assets + owners’ equity 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? 0.1287 0.1234 0.1207 0.1267 0.1287 0.1234 0.1207 0.1267 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics First Benchmark Publishing’s gross margin is 50% of sales. The operating costs of the publishing are estimated at 15% of sales. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes? 0.21 0.19 0.2 0.18 0.21 0.19 0.2 0.18 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______. Material cost First cost In-place value Fixed cost Material cost First cost In-place value Fixed cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest? 0.0398 0.039 0.0395 0.0392 0.0398 0.039 0.0395 0.0392 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The amount of property in which a willing buyer to a willing seller for the property when neither one is under the compulsion to buy nor to sell is called ______. Book value Fair value Good will value Market value Book value Fair value Good will value Market value ANSWER DOWNLOAD EXAMIANS APP
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