Engineering Economy Mcqs

Q.  Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded ?

a. Monthly
b. Bimonthly
c. Quarterly
d. Annually


ANSWER: See Answer
 
No explanation is available for this question!
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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?
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Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
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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
MCQs:  In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes ?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts