Engineering Economics A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______. Corporation Partnership Enterprise Cooperative Corporation Partnership Enterprise Cooperative ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Gross margin is the ratio of the gross profit to ______. Quick assets Inventory turnover Net sale Owner’s equity Quick assets Inventory turnover Net sale Owner’s equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics 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. 5025000 5010000 5050000 5000000 5025000 5010000 5050000 5000000 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are:A. The construction of the building now to cost P 400,000B. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected? P 19,518.03 P 19,624.49 P 19,423.69 P 19,122.15 P 19,518.03 P 19,624.49 P 19,423.69 P 19,122.15 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Lands, buildings, plants and machineries are example of what type of asset? Trade investment asset Current asset Intangible asset Fixed asset Trade investment asset Current asset Intangible asset Fixed asset ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Double taxation is a disadvantage of which business organization? Sole proprietorship Partnership Corporation Enterprise Sole proprietorship Partnership Corporation Enterprise ANSWER DOWNLOAD EXAMIANS APP