Engineering Economy Mcqs

Q.  A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn.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 ?

a. P693.12
b. P700.12
c. P702.15
d. P705.42


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  An asset is purchased for P 9,000.00. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. Find the depreciation in the first three years using sum-of-years digit method____________________?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. The taxable income after taking all deductions except for depletion is P 18,500,000. What is the allowable depletion allowance for that particular year? Take percentage of gross income for oil as 22%?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  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?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000 _________________?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand ?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same ?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even ?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  What refers to a document that shows proof of legal ownership of a financial security ?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  What type of bond is issued jointly by two or more corporations ?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc ?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  A type of bond to which are attached coupons indicating the interest due and the date when such interest is to be paid is called ____________________?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  What bond whose security is a mortgage on certain specified assets of the corporation ?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  A bond without any security behind them except a promise to pay by the issuing corporation is called __________________?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries ?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  What type of bond where the corporation’s owner name are recorded and the interest is paid periodically to the owners with their asking for it ?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  What type of bond which can be redeemed before maturity date ?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  What is the feature of some bonds whereby the issuer can redeem it before it matures ?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  The price at which the callable bond will be redeemed from the bondholder is called ____________________?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  What is defined as the reduction or fall of the value of an asset due to constant use and passage of time ?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset ?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts