Engineering Economics
An association of two or more persons for the purpose of engaging into a business for profit is called ______.

Partnership
Corporation
Proprietorship
Entrepreneurship

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Engineering Economics
Which is NOT an essential element of an ordinary annuity?

The amounts of all payments are equal.
The payments are made at equal interval of time.
Compound interest is paid on all amounts in the annuity.
The first payment is made at the beginning of the first period.

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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?

2,632
2,890
2,712
2.590

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Engineering Economics
Which one of the following definitions is correct?

The ratio of earnings before interest and taxes for a particular reporting period to the amount of interest charges for the period is called interest coverage ratio
The ratio of total debt to share holder's equity is called 'debt ratio'
The ratio debt-to-total assets is called Debt-to-total assets ratio
All of these

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