Engineering Economics In case of bankruptcy of a partnership, The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities The partners are not liable for the liabilities of the partnership The partners personal assets are attached to the debt of the partnership The partners nay sell stock to generate additional capital The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities The partners are not liable for the liabilities of the partnership The partners personal assets are attached to the debt of the partnership The partners nay sell stock to generate additional capital ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate. Currency appreciation Currency float Currency devaluation Currency depreciation Currency appreciation Currency float Currency devaluation Currency depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Double taxation is a disadvantage of which business organization? Corporation Partnership Enterprise Sole proprietorship Corporation Partnership Enterprise Sole proprietorship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller. 50% of the fixed percentage of gross income or the net taxable income Fixed percentage of gross income or the net taxable income Fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or the net taxable income Fixed percentage of gross income or the net taxable income Fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or 50% of the net taxable income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What bond whose security is a mortgage on certain specified assets of the corporation? Collateral trust bond Mortgage bond Debenture bond Registered bond Collateral trust bond Mortgage bond Debenture bond Registered bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are:A. The construction of the building now to cost P 400,000B. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected? P 19,624.49 P 19,518.03 P 19,122.15 P 19,423.69 P 19,624.49 P 19,518.03 P 19,122.15 P 19,423.69 ANSWER DOWNLOAD EXAMIANS APP