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Engineering Economics

Engineering Economics
What is the simplest form of business organization?

Enterprise
Sole proprietorship
Corporation
Partnership

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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
One banker’s year is equivalent to ______ days.

360
300
365
366

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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
P19,000
P18,000
P19,100

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Engineering Economics
All the proceeds which are received by the business as a result of the sale of goods is called ______.

Net income
Net revenue
Gross income
Total sales

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Engineering Economics
In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes?

Sum-of-year digit method
Declining balance method
Sinking fund method
Straight line method

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