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Engineering Economics

Engineering Economics
Cash money and credit necessary to establish and operate an enterprise are generally called ______.

Liabilities
Funds
Capital
Assets

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Engineering Economics
The ratio obtained by dividing 'quick assets' by current liabilities is called

None of these
Solvency ratio
Turnover ratio
Acid test ratio

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Engineering Economics
What is another term for “unit method” for computing depletion?

Factor method
Sinking fund method
Initial cost method
Percentage method

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Engineering Economics
Which of these gives the lowest effective rate of interest?

11.60 % compounded annually
12.20 % compounded annually
12.35 % compounded annually
11.90 % compounded annually

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Engineering Economics
What is defined as the current assets minus inventories and prepaid expenses?

Price-earnings ratio
Quick ratio
Profit margin ratio
Return of investment ratio

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Engineering Economics
What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want?

Commodities
Goods or commodities
Services
Goods

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