Engineering Economics What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal? Interest rate Rate of return Return of investment Yield Interest rate Rate of return Return of investment Yield ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties? Market value Fair value Franchise value Book value Market value Fair value Franchise value Book value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Free market entry and exit All of these Perfect information and absence of all economic friction Homogeneous product Free market entry and exit All of these Perfect information and absence of all economic friction Homogeneous product ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the payments are made at the beginning of the each period starting from the first period? Perpetuity Ordinary annuity Annuity due Deferred annuity Perpetuity Ordinary annuity Annuity due Deferred annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? 11 months 13 months 10 months 12 months 11 months 13 months 10 months 12 months ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the negotiable claim issued by a bank in lien of a term deposit? Capital gain certificate Bond Time deposit Certificate of deposit Capital gain certificate Bond Time deposit Certificate of deposit ANSWER DOWNLOAD EXAMIANS APP