Engineering Economics “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: Law of diminishing return Law of demand Law of supply Law of supply and demand Law of diminishing return Law of demand Law of supply Law of supply and demand 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? 25.0 % 24.7 % 23.5 % 25.8 % 25.0 % 24.7 % 23.5 % 25.8 % ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of return annually. 0.1232 0.115 0.1175 0.1195 0.1232 0.115 0.1175 0.1195 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes? Sum-of-year digit method Sinking fund method Straight line method Declining balance method Sum-of-year digit method Sinking fund method Straight line method Declining balance method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? Balance check General journal system Ledger system Bookkeeping system Balance check General journal system Ledger system Bookkeeping system ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Current assets less inventories divided by current liabilities is known as Debts ratio Acid-Test (or Quick) ratio Current ratio Liquidity ratio Debts ratio Acid-Test (or Quick) ratio Current ratio Liquidity ratio ANSWER DOWNLOAD EXAMIANS APP
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