Engineering Economics What is the basic accounting equation? Owner’s equity = assets + liability Liability = assets + owners’ equity Owner’s equity = liability – assets Assets = liability + owner’s equity Owner’s equity = assets + liability Liability = assets + owners’ equity Owner’s equity = liability – assets Assets = liability + owner’s equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment? P 2,504.57 P 2,540.56 P 2,544.45 P 2,500.57 P 2,504.57 P 2,540.56 P 2,544.45 P 2,500.57 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What do you call a one-time credit against taxes? Revenue credit Tax credit Credible credit Due credit Revenue credit Tax credit Credible credit Due credit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Is an artificial being created by operation of law, having the right of succession and the process, attributes and properties expressly authorized by the law or incident to its existence. Partnership Property Corporation Organization Partnership Property Corporation Organization ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following is included in financial ratios of the firm? Turnover ratio Liquidity ratio Profitability ratio All of these Turnover ratio Liquidity ratio Profitability ratio All of these 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? 0.25 0.258 0.247 0.235 0.25 0.258 0.247 0.235 ANSWER DOWNLOAD EXAMIANS APP
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