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 P44.55 P54.66 P37.56 P 62.44 P44.55 P54.66 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry? Unstable economy The initial deprecation is high The initial depreciation is low Rate of interest cannot be exactly determined Unstable economy The initial deprecation is high The initial depreciation is low Rate of interest cannot be exactly determined ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to convert assets to cash quickly is known as ______. Solvency Liquidity Insolvency Leverage Solvency Liquidity Insolvency Leverage ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “acid-test ratio”? Profit margin ratio Quick ratio Price-earnings ratio Current ratio Profit margin ratio Quick ratio Price-earnings ratio Current ratio 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 6,922.93 P 6,999.39 P 6,292.93 P 6,222.39 P 6,922.93 P 6,999.39 P 6,292.93 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Probabilistic estimating of a construction project includes: Productivity Labour Wage scale All of these Productivity Labour Wage scale All of these ANSWER DOWNLOAD EXAMIANS APP
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