Engineering Economics
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?

2.590
2,712
2,890
2,632

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Engineering Economics
Liquidity ratios are used:

All of these
To measure a firm’s ability to meet short-cut obligations
To compare short term obligations to short-term resources available to meet these obligations
To obtain much insight into the present cash solvency of the firm and the firm

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Engineering Economics
In a cash flow series:

All of these
The gradient in the cash flow may be positive or negative
Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period
Either an increase or decrease in the amount of a cash flow is called the gradient

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