Engineering Economics A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years? P 236.20 P 231.56 P 222.67 P 212.90 P 236.20 P 231.56 P 222.67 P 212.90 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The common ratio is the ratio of: Net income to owner’s equity Current assets to current liabilities Net credit sales to average net receivable Gross profit to net sales Net income to owner’s equity Current assets to current liabilities Net credit sales to average net receivable Gross profit to net sales ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______. Investors Corporation Partnership Stockholders Investors Corporation Partnership Stockholders ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%. P1,459.64 P1,345.98 P1,945.64 P1,549.64 P1,459.64 P1,345.98 P1,945.64 P1,549.64 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities. Sole proprietorship Corporation Partnership Entrepreneurship Sole proprietorship Corporation Partnership Entrepreneurship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Effective interest Expected return Nominal interest Economic return Effective interest Expected return Nominal interest Economic return ANSWER DOWNLOAD EXAMIANS APP