Engineering Economics What refers to the negotiable claim issued by a bank in lien of a term deposit? Capital gain certificate Time deposit Certificate of deposit Bond Capital gain certificate Time deposit Certificate of deposit Bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______. Currency float Currency appreciation Currency devaluation Currency depreciation Currency float Currency appreciation Currency devaluation Currency depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio obtained by dividing 'quick assets' by current liabilities is called Acid test ratio Turnover ratio None of these Solvency ratio Acid test ratio Turnover ratio None of these Solvency ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year? P700.12 P705.42 P702.15 P693.12 P700.12 P705.42 P702.15 P693.12 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The sunk costs include: A past expenditure An invested capital that cannot be retrieved All of these An unrecovered balance A past expenditure An invested capital that cannot be retrieved All of these An unrecovered balance ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. 5050000 5025000 5010000 5000000 5050000 5025000 5010000 5000000 ANSWER DOWNLOAD EXAMIANS APP