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Engineering Economics

Engineering Economics
What refers to the claim of anyone to ownership?

Liability
Proprietorship
Assets
Equity

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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 ______.

First cost
Fixed cost
Material cost
In-place value

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Engineering Economics
The declining balance method is also known as ______.

Double percentage method
Constant percentage method
Modified SYD method
Modified sinking fund method

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Engineering Economics
The alternatives which are standalone solutions for given situations in engineering involve:

All of these
The anticipated life of the assets
A purchase cost (first cost)
The anticipated resalable value (salvage value) and the interest return (rate of return)

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Engineering Economics
The ratio of current assets to current liabilities is known as

Liquidity ratio
Debts ratio
Acid-Test (or Quick) ratio
Current ratio

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Engineering Economics
A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments.

P 43,263.91
P 43,763.20
P 43,600.10
P 43,489.47

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