Engineering Economics Which is NOT an essential element of an ordinary annuity? The payments are made at equal interval of time. The first payment is made at the beginning of the first period. The amounts of all payments are equal. Compound interest is paid on all amounts in the annuity. The payments are made at equal interval of time. The first payment is made at the beginning of the first period. The amounts of all payments are equal. Compound interest is paid on all amounts in the annuity. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method? P 2,300.00 P 2,000.00 P 2,200.00 P 2,100.00 P 2,300.00 P 2,000.00 P 2,200.00 P 2,100.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Necessity Consumer products Luxury Producer products Necessity Consumer products Luxury Producer products ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is an accounting term that represents an inventory account adjustment? Overhead cost Cost accounting Standard cost Cost of goods sold Overhead cost Cost accounting Standard cost Cost of goods sold ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Liquidity ratios are used: To measure a firm’s ability to meet short-cut obligations All of these To compare short term obligations to short-term resources available to meet these obligations To obtain much insight into the present cash solvency of the firm and the firm To measure a firm’s ability to meet short-cut obligations All of these To compare short term obligations to short-term resources available to meet these obligations To obtain much insight into the present cash solvency of the firm and the firm 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 or commodities Commodities Goods Services Goods or commodities Commodities Goods ANSWER DOWNLOAD EXAMIANS APP
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