Engineering Economics What refers to the claim of anyone to ownership? Equity Proprietorship Assets Liability Equity Proprietorship Assets Liability ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______. In-place value Fixed cost First cost Material cost In-place value Fixed cost First cost Material cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “current assets”? Fixed assets Ccash Non-liquid assets Liquid assets Fixed assets Ccash Non-liquid assets Liquid assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest? Simple interest Nominal rate of interest Effective rate of interest Compound interest Simple interest Nominal rate of interest Effective rate of interest Compound interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? 10 months 13 months 12 months 11 months 10 months 13 months 12 months 11 months ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same. 1,120 feet 1,040 feet 1,000 feet 1,100 feet 1,120 feet 1,040 feet 1,000 feet 1,100 feet ANSWER DOWNLOAD EXAMIANS APP