Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Consumer products Necessity Producer products Luxury Consumer products Necessity Producer products Luxury ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry? The initial depreciation is low The initial deprecation is high Unstable economy Rate of interest cannot be exactly determined The initial depreciation is low The initial deprecation is high Unstable economy Rate of interest cannot be exactly determined ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics How long will it take money to double itself if invested at 5% compounded annually? 15.3 years 13.7 years 14.2 years 14.7 years 15.3 years 13.7 years 14.2 years 14.7 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note. P18,000 P19,000 P18,900 P19,100 P18,000 P19,000 P18,900 P19,100 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a measure of the average speed with which accounts receivable are collected? Current ratio Acid test ratio Quick ratio Receivable turnover Current ratio Acid test ratio Quick ratio Receivable turnover ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The process of determining the value or worth of a physical property for specific reason is called ______. Investment Economy Valuation Depletion Investment Economy Valuation Depletion ANSWER DOWNLOAD EXAMIANS APP