Engineering Economics Which is true about partnership? Its capitalization must be equal for each partner. It can be handed down from one generation of partners to another. It has a perpetual life. It will be dissolved if one of the partners ceases to be connected with the partnership. Its capitalization must be equal for each partner. It can be handed down from one generation of partners to another. It has a perpetual life. It will be dissolved if one of the partners ceases to be connected with the partnership. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to meet debts as they become due is known as ______. Leverage Solvency Liquidity Insolvency Leverage Solvency Liquidity Insolvency ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan? P 6,222.39 P 6,999.39 P 6,292.93 P 6,922.93 P 6,222.39 P 6,999.39 P 6,292.93 P 6,922.93 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount? 0.0425 0.0367 0.04 0.0415 0.0425 0.0367 0.04 0.0415 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. 5010000 5050000 5025000 5000000 5010000 5050000 5025000 5000000 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which of the following is an example of intangible asset? Furnitures Patents Investment in subsidiary companies Cash Furnitures Patents Investment in subsidiary companies Cash ANSWER DOWNLOAD EXAMIANS APP