Engineering Economics What market situation exists where there is only one buyer and only one seller? Monopoly Bilateral monopsony Bilateral monopoly Monopsony Monopoly Bilateral monopsony Bilateral monopoly Monopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is NOT an essential element of an ordinary annuity? The payments are made at equal interval of time. The first payment is made at the beginning of the first period. Compound interest is paid on all amounts in the annuity. The amounts of all payments are equal. The payments are made at equal interval of time. The first payment is made at the beginning of the first period. Compound interest is paid on all amounts in the annuity. The amounts of all payments are equal. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? Balance check Ledger system Bookkeeping system General journal system Balance check Ledger system Bookkeeping system General journal system ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Miss Calledo deposited P 1,000, P 1,500 and P 2,000 at the end of the 2nd year, 3rd year and 4th year, respectively in a savings account which earned 10% per annum. How much is in the account at the end of the 4th year? P 4,860.00 P 4,820.00 P 4,840.00 P 4,880.00 P 4,860.00 P 4,820.00 P 4,840.00 P 4,880.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time: Sinking Fund Annuity is availed Sinking Fund Annuity is availed Capital Recovery Annuity fs availed Present work Annuity is availed Sinking Fund Annuity is availed Sinking Fund Annuity is availed Capital Recovery Annuity fs availed Present work Annuity is availed ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Liability = assets + owners’ equity Owner’s equity = assets + liability Assets = liability + owner’s equity Owner’s equity = liability – assets Liability = assets + owners’ equity Owner’s equity = assets + liability Assets = liability + owner’s equity Owner’s equity = liability – assets ANSWER DOWNLOAD EXAMIANS APP