Engineering Economics What is the basic accounting equation? Liability = assets + owners’ equity 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 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the present worth of cost associated with an asset for an infinite period of time? Capitalized cost Annual cost Operating cost Increment cost Capitalized cost Annual cost Operating cost Increment cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following is included in financial ratios of the firm? Liquidity ratio All of these Profitability ratio Turnover ratio Liquidity ratio All of these Profitability ratio Turnover ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A firm borrows P2,000 for 6 years at 8%. At the end of 6 years, it renews the loan for the amount due plus P2,000 more for 2 years at 8%. What is the lump sum due? P 3,280.34 P 3,250.34 P 3,270.34 P 3,260.34 P 3,280.34 P 3,250.34 P 3,270.34 P 3,260.34 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics One banker’s year is equivalent to ______ days. 365 360 300 366 365 360 300 366 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “current assets”? Liquid assets Fixed assets Non-liquid assets Ccash Liquid assets Fixed assets Non-liquid assets Ccash ANSWER DOWNLOAD EXAMIANS APP
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