Engineering Economics You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank? P37.56 P 62.44 P54.66 P44.55 P37.56 P 62.44 P54.66 P44.55 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Commodities Services Goods Goods or commodities Commodities Services Goods Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Liability = assets + owners’ equity Assets = liability + owner’s equity Owner’s equity = liability – assets Owner’s equity = assets + liability Liability = assets + owners’ equity Assets = liability + owner’s equity Owner’s equity = liability – assets Owner’s equity = assets + liability ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a measure of the average speed with which accounts receivable are collected? Acid test ratio Current ratio Receivable turnover Quick ratio Acid test ratio Current ratio Receivable turnover Quick ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In a cash flow series: Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period Either an increase or decrease in the amount of a cash flow is called the gradient All of these The gradient in the cash flow may be positive or negative Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period Either an increase or decrease in the amount of a cash flow is called the gradient All of these The gradient in the cash flow may be positive or negative ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The flow back of profit plus depreciation form a given project is called ______. Earning value Economic return Cash flow Capital recovery Earning value Economic return Cash flow Capital recovery ANSWER DOWNLOAD EXAMIANS APP
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