Engineering Economics What is the basic accounting equation? Assets = liability + owner’s equity Owner’s equity = liability – assets Liability = assets + owners’ equity Owner’s equity = assets + liability Assets = liability + owner’s equity Owner’s equity = liability – assets Liability = assets + owners’ equity Owner’s equity = assets + liability ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is normally used to compare alternatives that accomplish the same purpose but have unequal lives? Present worth method Annual cost method Capitalized cost method MARR Present worth method Annual cost method Capitalized cost method MARR ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a market situation whereby there is only one buyer of an item for which there is no goods substitute? Monopsony Oligopoly Monopoly Oligopsony Monopsony Oligopoly Monopoly Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note. P18,900 P18,000 P19,100 P19,000 P18,900 P18,000 P19,100 P19,000 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics All the proceeds which are received by the business as a result of the sale of goods is called ______. Gross income Total sales Net income Net revenue Gross income Total sales Net income Net revenue ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are:A. The construction of the building now to cost P 400,000B. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected? P 19,518.03 P 19,624.49 P 19,423.69 P 19,122.15 P 19,518.03 P 19,624.49 P 19,423.69 P 19,122.15 ANSWER DOWNLOAD EXAMIANS APP
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