Engineering Economics What is the basic accounting equation? Assets = liability + owner’s equity Liability = assets + owners’ equity Owner’s equity = liability – assets Owner’s equity = assets + liability Assets = liability + owner’s equity Liability = assets + owners’ equity Owner’s equity = liability – assets Owner’s equity = assets + liability ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period? 5937.5 5873.2 5712.4 5690.12 5937.5 5873.2 5712.4 5690.12 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market? Monopoly Oligopoly Oligopsony Perfect competition Monopoly Oligopoly Oligopsony Perfect competition 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? 25.0 % 23.5 % 24.7 % 25.8 % 25.0 % 23.5 % 24.7 % 25.8 % ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. The taxable income after taking all deductions except for depletion is P 18,500,000. What is the allowable depletion allowance for that particular year? Take percentage of gross income for oil as 22%. P 9,250.00 P 9,308.45 P 9,228.45 P 9,358.41 P 9,250.00 P 9,308.45 P 9,228.45 P 9,358.41 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is considered as the standard unit which forms the basis of a country’s domestic money supply? Currency Cash or check Monetary unit Foreign exchange Currency Cash or check Monetary unit Foreign exchange ANSWER DOWNLOAD EXAMIANS APP
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