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.Management Sciences
Category: Engineering Economy
Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ________________________?
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A. Partnership
B. Investors
C. Corporation
D. Stockholders
The price at which the callable bond will be redeemed from the bondholder is called ____________________?
A. Par value
B. Call value
C. Face value
D. Redemption value
An amount of P1,000 becomes P1,608.44 after 4 years compounded bimonthly. Find the nominal interest?
A. 11.89 %
B. 12.00 %
C. 12.08 %
D. 12.32 %
Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note?
A. P18,000
B. P18,900
C. P19,000
D. P19,100
What refers to the amount of money paid for the use of borrowed capital ?
A. Interest
B. Rate of interest
C. Simple interest
D. Principal
Duopsony is a market situation where there is/are______________?
A. Few sellers and few buyers
B. Few sellers and many buyers
C. Many sellers and few buyers
D. One seller and few buyers
What is another term for “unit method” for computing depletion ?
A. Initial cost method
B. Percentage method
C. Factor method
D. Sinking fund method
“Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the_________________?
A. Law of diminishing return
B. Law of supply
C. Law of demand
D. Law of supply and demand
In what method of computing depreciation where it assumes that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year ?
A. Straight line method
B. Sinking fund method
C. Sum-of-year digit method
D. Declining balance method
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