Engineering Economics An association of two or more persons for the purpose of engaging into a business for profit is called ______. Proprietorship Entrepreneurship Partnership Corporation Proprietorship Entrepreneurship Partnership Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio of current assets to current liabilities is known as Acid-Test (or Quick) ratio Debts ratio Liquidity ratio Current ratio Acid-Test (or Quick) ratio Debts ratio Liquidity ratio Current ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1]? Capital recovery Uniform gradient future worth Single payment present worth Uniform series sinking fund Capital recovery Uniform gradient future worth Single payment present worth Uniform series sinking fund ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year? Declining balance method Straight line method Sinking fund method Sum-of-year digit method Declining balance method Straight line method Sinking fund method Sum-of-year digit method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ______ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations. Status company Big income Goodwill Known owners Status company Big income Goodwill Known owners ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Services Goods Goods or commodities Commodities Services Goods Goods or commodities Commodities ANSWER DOWNLOAD EXAMIANS APP