Engineering Economics What is the basic accounting equation? Assets = liability + owner’s equity Owner’s equity = assets + liability Liability = assets + owners’ equity Owner’s equity = liability – assets Assets = liability + owner’s equity Owner’s equity = assets + liability Liability = assets + owners’ equity Owner’s equity = liability – assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The sunk costs include: An invested capital that cannot be retrieved A past expenditure An unrecovered balance All of these An invested capital that cannot be retrieved A past expenditure An unrecovered balance All of these ANSWER DOWNLOAD EXAMIANS APP
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 Depletion Depreciation Inflation Deflation Depletion Depreciation Inflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mr. David deposits Rs 1200 now, Rs 800 two years from now and Rs 1000 five years from now. If the savings bank's rate of interest in 5%, he will receive an amount of Rs X, 10 years from now, where ‘X’ is Rs. 4826 Rs. 4225 Rs. 4413 Rs. 3415 Rs. 4826 Rs. 4225 Rs. 4413 Rs. 3415 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? 0.25 0.235 0.247 0.258 0.25 0.235 0.247 0.258 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The declining balance method is also known as ______. Modified SYD method Constant percentage method Modified sinking fund method Double percentage method Modified SYD method Constant percentage method Modified sinking fund method Double percentage method ANSWER DOWNLOAD EXAMIANS APP
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