Engineering Economics Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”. 0.1373 0.1332 0.1315 0.1346 0.1373 0.1332 0.1315 0.1346 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to convert assets to cash quickly is known as ______. Insolvency Solvency Leverage Liquidity Insolvency Solvency Leverage Liquidity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Owner’s equity = liability – assets Owner’s equity = assets + liability Assets = liability + owner’s equity Liability = assets + owners’ equity Owner’s equity = liability – assets Owner’s equity = assets + liability Assets = liability + owner’s equity Liability = assets + owners’ equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the present worth of a P500 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 10 %? P 717.17 P 727.17 P 731.17 P 714.71 P 717.17 P 727.17 P 731.17 P 714.71 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually? P 7,731.29 P 7,590.12 P 7,420.89 P 7,654.04 P 7,731.29 P 7,590.12 P 7,420.89 P 7,654.04 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Depreciation Depletion Deflation Inflation Depreciation Depletion Deflation Inflation ANSWER DOWNLOAD EXAMIANS APP