Engineering Economics The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______. Currency devaluation Currency appreciation Currency float Currency depreciation Currency devaluation Currency appreciation Currency float Currency depreciation 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? The initial deprecation is high The initial depreciation is low Unstable economy Rate of interest cannot be exactly determined The initial deprecation is high The initial depreciation is low Unstable economy Rate of interest cannot be exactly determined ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even? 2,890 2.590 2,632 2,712 2,890 2.590 2,632 2,712 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for? Dividend Return Equity Par value Dividend Return Equity Par value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries. Joint bond Collateral trust bond Security bond Mortgage bond Joint bond Collateral trust bond Security bond Mortgage bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Current ratio is: Current assets/Current liabilities (Current assets + loans advances)/Current liabilities None of these (Current assets + loans)/Current liabilities Current assets/Current liabilities (Current assets + loans advances)/Current liabilities None of these (Current assets + loans)/Current liabilities ANSWER DOWNLOAD EXAMIANS APP
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