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ENGINEERING ECONOMICS

Engineering Economics
What is used to record historical financial transactions?

Bookkeeping system
Balance check
General journal system
Ledger system

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Engineering Economics
A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method?

P 2,200.00
P 2,000.00
P 2,300.00
P 2,100.00

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Engineering Economics
The ratio obtained by dividing 'quick assets' by current liabilities is called

Turnover ratio
Acid test ratio
None of these
Solvency ratio

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Engineering Economics
What is the type of annuity where the first payment does not begin until some later date in the cash flow?

Deferred annuity
Ordinary annuity
Annuity due
Perpetuity

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Engineering Economics
The alternatives which are standalone solutions for given situations in engineering involve:

All of these
The anticipated life of the assets
A purchase cost (first cost)
The anticipated resalable value (salvage value) and the interest return (rate of return)

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