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.Management Sciences
Category: Engineering Economy
The amount of property in which a willing buyer to a willing seller for the property when neither one is under the compulsion to buy nor to sell is called __________________?
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A. Fair value
B. Market value
C. Good will value
D. Book value
Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Determine the rate of simple interest?
A. 12.19 %
B. 12.03 %
C. 11.54 %
D. 10.29 %
What is the ordinary interest on P1,500.50 for 182 days at 5.2% ?
A. P39.01
B. P39.82
C. P39.45
D. P39.99
The ability to convert assets to cash quickly is known as ________________?
A. Solvency
B. Liquidity
C. Leverage
D. Insolvency
Oligopoly exists when 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 a market situation whereby there is only one buyer of an item for which there is no goods substitute ?
A. Monopsony
B. Monopoly
C. Oligopoly
D. Oligopsony
A loan for P50,000 is to be paid in 3 years at the amount of P65,000. What is the effective rate of money ?
A. 9.01 %
B. 9.14 %
C. 9.31 %
D. 9.41 %
The ability to meet debts as they become due is known as __________________?
A. Solvency
B. Leverage
C. Insolvency
D. Liquidity
What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied ?
A. Producer products
B. Consumer products
C. Luxury
D. Necessity
What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly ?
A. 8.07 %
B. 8.12 %
C. 8.16 %
D. 8.24 %
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