Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Luxury Consumer products Necessity Producer products Luxury Consumer products Necessity Producer products ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Liquidity ratios are used: All of these To measure a firm’s ability to meet short-cut obligations To obtain much insight into the present cash solvency of the firm and the firm To compare short term obligations to short-term resources available to meet these obligations All of these To measure a firm’s ability to meet short-cut obligations To obtain much insight into the present cash solvency of the firm and the firm To compare short term obligations to short-term resources available to meet these obligations 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. P18,900 P19,000 P18,000 P19,100 P18,900 P19,000 P18,000 P19,100 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Services Goods Goods or commodities Commodities Services Goods Goods or commodities Commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Effective rate of interest Compound interest Nominal rate of interest Simple interest Effective rate of interest Compound interest Nominal rate of interest Simple interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The construction estimate of a project is used by: All of these The owner of the facility The consulting architect/engineer The contractor of the project All of these The owner of the facility The consulting architect/engineer The contractor of the project ANSWER DOWNLOAD EXAMIANS APP
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