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Engineering Economics

Engineering Economics
What refers to the goods and services that are required to support human life, needs and activities?

Luxury
Producer products
Consumer products
Necessity

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Engineering Economics
If interest is paid more than once in a year, ‘i’ is the rate of interest per year, ‘n’ is the number of periods in years and ‘m’ is a number of periods per years, compound amount factor (CAF) is:

(1 + i/n)1/m
(1 + i/n)m
(1 + i/m)n
(1 + i/m)1/n

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Engineering Economics
Current assets less inventories divided by current liabilities is known as

Acid-Test (or Quick) ratio
Current ratio
Liquidity ratio
Debts ratio

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Engineering Economics
What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation?

Promissory note
T-bills
Bond
Stock

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Engineering Economics
Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”.

0.1315
0.1373
0.1346
0.1332

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Engineering Economics
What is considered as the basic consuming or demanding unit of a commodity?

Producer
Manufacturer
Seller
Buyer or consumer

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