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Engineering Economics

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

Proprietorship
Assets
Equity
Liability

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Engineering Economics
Earnings per share is the most important ratio for

Company's management
Banks
All of these
Share holders

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Engineering Economics
The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as

Probabilistic estimate
None of these
Definitive estimate
Conceptual estimate

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Engineering Economics
What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want?

Services
Goods or commodities
Goods
Commodities

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Engineering Economics
A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount?

0.0415
0.04
0.0425
0.0367

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Engineering Economics
A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method?

P 2,300.00
P 2,100.00
P 2,000.00
P 2,200.00

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