Engineering Economics What refers to the cost of borrowing money or the amount earned by a unit principal per unit time? Rate of interest Economic return Yield rate Rate of return Rate of interest Economic return Yield rate Rate of return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal? Return of investment Interest rate Rate of return Yield Return of investment Interest rate Rate of return Yield ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller. Fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or the net taxable income 50% of the fixed percentage of gross income or 50% of the net taxable income Fixed percentage of gross income or the net taxable income Fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or the net taxable income 50% of the fixed percentage of gross income or 50% of the net taxable income Fixed percentage of gross income or the net taxable income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate. Currency depreciation Currency float Currency appreciation Currency devaluation Currency depreciation Currency float Currency appreciation Currency devaluation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Commodities Goods Services Goods or commodities Commodities Goods Services Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
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 0.0367 0.0425 0.0415 0.04 0.0367 0.0425 ANSWER DOWNLOAD EXAMIANS APP
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