Engineering Economics What are the two classifications of goods and services? Local and imported Consumer and producer Raw and finished Ready-made and made-to-order Local and imported Consumer and producer Raw and finished Ready-made and made-to-order ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan? P 6,999.39 P 6,222.39 P 6,292.93 P 6,922.93 P 6,999.39 P 6,222.39 P 6,292.93 P 6,922.93 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest? Compound interest Effective rate of interest Simple interest Nominal rate of interest Compound interest Effective rate of interest Simple interest Nominal rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics First Benchmark Publishing’s gross margin is 50% of sales. The operating costs of the publishing are estimated at 15% of sales. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes? 0.18 0.21 0.2 0.19 0.18 0.21 0.2 0.19 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The key to profitable operation for project cost control, is: To keep the project cost equal to subsequent construction budget None of these To keep the project cost equal to original cost estimate To keep the project cost within the cost budget and knowing when and where job costs are deviating To keep the project cost equal to subsequent construction budget None of these To keep the project cost equal to original cost estimate To keep the project cost within the cost budget and knowing when and where job costs are deviating ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save? Consumer saving All of these Compulsory saving Forced saving Consumer saving All of these Compulsory saving Forced saving ANSWER DOWNLOAD EXAMIANS APP
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