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Engineering Economics

Engineering Economics
What is the increase in the money value of a capital asset is called?

Capital stock
Profit
Capital expenditure
Capital gain

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Engineering Economics
A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000

1043
1033
1037
1053

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Engineering Economics
Cash money and credit necessary to establish and operate an enterprise are generally called ______.

Capital
Funds
Assets
Liabilities

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Engineering Economics
What refers to the claim of anyone to ownership?

Assets
Proprietorship
Liability
Equity

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Engineering Economics
What is a secondary book of accounts, the information of which is obtained from the journal is called?

Ledger
Worksheet
Balanced sheet
Trial balance

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Engineering Economics
Duopsony is a market situation where there is/are:

Many sellers and few buyers
One seller and few buyers
Few sellers and many buyers
Few sellers and few buyers

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