MCQs: A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A person buys a piece of lot for P 100,000 downpayment and 10 deferred semiannual payments of P 8,000 each, starting three years from now. What is the present value of the investment if the rate of interest is 12% compounded semiannually ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: Miss Calledo deposited P 1,000, P 1,500 and P 2,000 at the end of the 2nd year, 3rd year and 4th year, respectively in a savings account which earned 10% per annum. How much is in the account at the end of the 4th year ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A P 1,000,000 issue of 3%, 15year bond was sold at 95%. What is the rate of interest of this investment ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A P 1, 000, 6% bond pays dividend semiannually and will be redeemed at 110% on June 21, 204. It is bought on June 21, 2001 to yield 4% interest. Find the price of the bond ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

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 sumofyears digit method____________________?
Category: Civil Engineering Mcqs, Published by: TCode 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: TCode 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: TCode 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: TCode 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: TCode 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: TCode 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 breakeven ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: What refers to a document that shows proof of legal ownership of a financial security ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: What type of bond is issued jointly by two or more corporations ?
Category: Civil Engineering Mcqs, Published by: TCode 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: TCode 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: TCode Scripts
