Engineering Economics What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market? Perfect competition Monopoly Oligopsony Oligopoly Perfect competition Monopoly Oligopsony Oligopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Using factor method, the depletion at any given year is equal to: Initial cost of property divided by the total units in property Initial cost of property divided by the number of units sold during the year Initial cost of property times number of units sold during the year Initial cost of property times number of unit sold during the year divided by the total units in property Initial cost of property divided by the total units in property Initial cost of property divided by the number of units sold during the year Initial cost of property times number of units sold during the year Initial cost of property times number of unit sold during the year divided by the total units in property ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What represents the share of participation in business organizations? Franchise Partnership Stock Corporation Franchise Partnership Stock Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Current ratio is: (Current assets + loans)/Current liabilities (Current assets + loans advances)/Current liabilities Current assets/Current liabilities None of these (Current assets + loans)/Current liabilities (Current assets + loans advances)/Current liabilities Current assets/Current liabilities None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest? 0.25 0.247 0.258 0.235 0.25 0.247 0.258 0.235 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. $ 5,050,000.00 $ 5,010,000.00 $ 5,025,000.00 $ 5,000,000.00 $ 5,050,000.00 $ 5,010,000.00 $ 5,025,000.00 $ 5,000,000.00 ANSWER DOWNLOAD EXAMIANS APP
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