Engineering Economics Which is true about partnership? It has a perpetual life. It can be handed down from one generation of partners to another. 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 has a perpetual life. It can be handed down from one generation of partners to another. It will be dissolved if one of the partners ceases to be connected with the partnership. Its capitalization must be equal for each partner. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 16.32 % 16.02 % 16.28 % 16.47 % 16.32 % 16.02 % 16.28 % 16.47 % 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. 0.115 0.1195 0.1175 0.1232 0.115 0.1195 0.1175 0.1232 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security? Office Mall Market Store Office Mall Market Store ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to convert assets to cash quickly is known as ______. Liquidity Insolvency Solvency Leverage Liquidity Insolvency Solvency Leverage ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Salvage value is sometimes known as ______. Going value Junk value Second-hand value Scrap value Going value Junk value Second-hand value Scrap value ANSWER DOWNLOAD EXAMIANS APP