Engineering Economics What is a secondary book of accounts, the information of which is obtained from the journal is called? Trial balance Worksheet Balanced sheet Ledger Trial balance Worksheet Balanced sheet Ledger ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest? 23.5 % 25.8 % 25.0 % 24.7 % 23.5 % 25.8 % 25.0 % 24.7 % ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%. P1,459.64 P1,345.98 P1,549.64 P1,945.64 P1,459.64 P1,345.98 P1,549.64 P1,945.64 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund? Bond Securities Bank notes T-bills Bond Securities Bank notes T-bills ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note. P19,000 P18,900 P18,000 P19,100 P19,000 P18,900 P18,000 P19,100 ANSWER DOWNLOAD EXAMIANS APP
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 1,033 1,043 1,053 1,037 1,033 1,043 1,053 1,037 ANSWER DOWNLOAD EXAMIANS APP