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Engineering Economics

Engineering Economics
What do you call a one-time credit against taxes?

Tax credit
Credible credit
Due credit
Revenue credit

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Engineering Economics
What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal?

Effective rate of interest
Nominal rate of interest
Compound interest
Simple interest

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Engineering Economics
An association of two or more persons for the purpose of engaging into a business for profit is called ______.

Entrepreneurship
Corporation
Proprietorship
Partnership

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Engineering Economics
A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000

1037
1033
1043
1053

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Engineering Economics
The functional depreciation is sometimes called ______.

Failure depreciation
Adolescence
Demand depreciation
Life depreciation

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Engineering Economics
The ability to convert assets to cash quickly is known as ______.

Insolvency
Leverage
Liquidity
Solvency

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