Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Necessity Luxury Consumer products Producer products Necessity Luxury Consumer products Producer products ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Current assets less inventories divided by current liabilities is known as Liquidity ratio Acid-Test (or Quick) ratio Debts ratio Current ratio Liquidity ratio Acid-Test (or Quick) ratio Debts ratio Current ratio 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 What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save? Consumer saving Compulsory saving All of these Forced saving Consumer saving Compulsory saving All of these Forced saving ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The common ratio is the ratio of: Gross profit to net sales Current assets to current liabilities Net income to owner’s equity Net credit sales to average net receivable Gross profit to net sales Current assets to current liabilities Net income to owner’s equity Net credit sales to average net receivable ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are:A. The construction of the building now to cost P 400,000B. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected? P 19,518.03 P 19,423.69 P 19,624.49 P 19,122.15 P 19,518.03 P 19,423.69 P 19,624.49 P 19,122.15 ANSWER DOWNLOAD EXAMIANS APP
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