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Engineering Economics

Engineering Economics
All the proceeds which are received by the business as a result of the sale of goods is called ______.

Net revenue
Gross income
Total sales
Net income

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Engineering Economics
The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest?

0.0398
0.039
0.0395
0.0392

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Engineering Economics
What refers to the amount of a product made available for sale?

Good
Supply
Demand
Product

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Engineering Economics
Return on investment ratio is the ratio of the:

Market price per share to earnings per share
Cost of goods sold to average cost of inventory at hand
Net credit sales to average net receivable
Net income to owner’s equity

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Engineering Economics
The ability to meet debts as they become due is known as ______.

Liquidity
Insolvency
Solvency
Leverage

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Engineering Economics
What refers to an imaginary cost representing what will not be received if a particular strategy is rejected?

Null cost
Horizon cost
Opportunity cost
Ghost cost

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MORE MCQ ON Engineering Economics

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