Engineering Economics What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly? 0.0816 0.0807 0.0824 0.0812 0.0816 0.0807 0.0824 0.0812 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%. P1,459.64 P1,549.64 P1,345.98 P1,945.64 P1,459.64 P1,549.64 P1,345.98 P1,945.64 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a measure of the average speed with which accounts receivable are collected? Current ratio Acid test ratio Receivable turnover Quick ratio Current ratio Acid test ratio Receivable turnover Quick ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Cash money and credit necessary to establish and operate an enterprise are generally called ______. Liabilities Assets Capital Funds Liabilities Assets Capital Funds ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics All the proceeds which are received by the business as a result of the sale of goods is called ______. Total sales Net income Net revenue Gross income Total sales Net income Net revenue Gross income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 0.1647 0.1628 0.1632 0.1602 0.1647 0.1628 0.1632 0.1602 ANSWER DOWNLOAD EXAMIANS APP
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