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Engineering Economics

Engineering Economics
What refers to the need, want or desire for a product backed by the money to purchase it?

Product
Supply
Demand
Good

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Engineering Economics
One banker’s year is equivalent to ______ days.

300
365
360
366

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Engineering Economics
What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually.

P 1,107.34
P 1,185.54
P 1,205.74
P 1,290.34

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Engineering Economics
What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied?

Producer products
Luxury
Consumer products
Necessity

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Engineering Economics
The ratio of the net income before taxes to net sales is called ______.

Current ratio
Inventory turnover
Profit margin ratio
Price-earnings ratio

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Engineering Economics
Which of the following is an example of intangible asset?

Patents
Investment in subsidiary companies
Cash
Furnitures

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