Engineering Economics
What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually?

P 7,590.12
P 7,654.04
P 7,731.29
P 7,420.89

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Engineering Economics
Each financial ratio is generally compared by

A ratio of some selected firms most progressive and successful at the point of consideration
A past ratio calculated from the past financial standard of the firm
All of these
A ratio developed by using the projected financial statement of the firm

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Engineering Economics
A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even?

2890
2.59
2712
2632

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Engineering Economics
A construction estimate is used

To produce a statement of the approximate cost
To judge tentatively or approximate value of the project
None of these
To decide an approximation of the value of the project and not the exact cost

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