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? Simple interest Nominal rate of interest Compound interest Effective rate of interest Simple interest Nominal rate of interest Compound interest Effective rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “current assets”? Non-liquid assets Fixed assets Liquid assets Ccash Non-liquid assets Fixed assets Liquid assets Ccash ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The construction estimate of a project is used by: The owner of the facility All of these The consulting architect/engineer The contractor of the project The owner of the facility All of these The consulting architect/engineer The contractor of the project ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The product of CAF (S P) and PWF (S P) is: 1 43834 43833 43832 1 43834 43833 43832 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 0.1632 0.1628 0.1647 0.1602 0.1632 0.1628 0.1647 0.1602 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The common ratio is the ratio of: Current assets to current liabilities Gross profit to net sales Net credit sales to average net receivable Net income to owner’s equity Current assets to current liabilities Gross profit to net sales Net credit sales to average net receivable Net income to owner’s equity ANSWER DOWNLOAD EXAMIANS APP