Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Inflation Deflation Depletion Depreciation Inflation Deflation Depletion Depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of money paid for the use of borrowed capital? Interest Simple interest Rate of interest Principal Interest Simple interest Rate of interest Principal ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics All are classified under direct labor expenses EXCEPT one. Which one? Testing cost Supervision cost Inspection cost Assembly cost Testing cost Supervision cost Inspection cost Assembly cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the current assets minus inventories and prepaid expenses? Profit margin ratio Quick ratio Return of investment ratio Price-earnings ratio Profit margin ratio Quick ratio Return of investment ratio Price-earnings ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A firm borrows P2,000 for 6 years at 8%. At the end of 6 years, it renews the loan for the amount due plus P2,000 more for 2 years at 8%. What is the lump sum due? P 3,260.34 P 3,280.34 P 3,270.34 P 3,250.34 P 3,260.34 P 3,280.34 P 3,270.34 P 3,250.34 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 1043 1037 1053 1033 1043 1037 1053 1033 ANSWER DOWNLOAD EXAMIANS APP