Engineering Economics A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______. Enterprise Partnership Cooperative Corporation Enterprise Partnership Cooperative Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics First Benchmark Publishing’s gross margin is 50% of sales. The operating costs of the publishing are estimated at 15% of sales. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes? 0.18 0.2 0.21 0.19 0.18 0.2 0.21 0.19 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics How long will it take money to double itself if invested at 5% compounded annually? 14.7 years 15.3 years 13.7 years 14.2 years 14.7 years 15.3 years 13.7 years 14.2 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics One banker’s year is equivalent to ______ days. 366 360 300 365 366 360 300 365 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of money paid for the use of borrowed capital? Interest Principal Rate of interest Simple interest Interest Principal Rate of interest Simple interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? Balance check Bookkeeping system General journal system Ledger system Balance check Bookkeeping system General journal system Ledger system ANSWER DOWNLOAD EXAMIANS APP