Engineering Economics What refers to the claim of anyone to ownership? Proprietorship Equity Liability Assets Proprietorship Equity Liability Assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year? P705.42 P702.15 P693.12 P700.12 P705.42 P702.15 P693.12 P700.12 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? Ledger system Balance check General journal system Bookkeeping system Ledger system Balance check General journal system Bookkeeping system ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank? P37.56 P 62.44 P44.55 P54.66 P37.56 P 62.44 P44.55 P54.66 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The more critical (or severe) test of the firm's liquidity can be judged by: Current ratio Debts ratio Acid-Test (or Quick) ratio Liquidity ratio Current ratio Debts ratio Acid-Test (or Quick) ratio Liquidity ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The interest calculated on the basis of 365 days a year, is known as: Interest None of these Exact simple interest Ordinary simple interest Interest None of these Exact simple interest Ordinary simple interest ANSWER DOWNLOAD EXAMIANS APP
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