Engineering Economics Current assets less inventories divided by current liabilities is known as Current ratio Acid-Test (or Quick) ratio Debts ratio Liquidity ratio Current ratio Acid-Test (or Quick) ratio Debts ratio Liquidity ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to an imaginary cost representing what will not be received if a particular strategy is rejected? Null cost Ghost cost Horizon cost Opportunity cost Null cost Ghost cost Horizon cost Opportunity cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. $ 5,025,000.00 $ 5,050,000.00 $ 5,010,000.00 $ 5,000,000.00 $ 5,025,000.00 $ 5,050,000.00 $ 5,010,000.00 $ 5,000,000.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is true about partnership? It has a perpetual life. It can be handed down from one generation of partners to another. Its capitalization must be equal for each partner. It will be dissolved if one of the partners ceases to be connected with the partnership. It has a perpetual life. It can be handed down from one generation of partners to another. Its capitalization must be equal for each partner. It will be dissolved if one of the partners ceases to be connected with the partnership. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Liquidity ratios are used: To compare short term obligations to short-term resources available to meet these obligations All of these To obtain much insight into the present cash solvency of the firm and the firm 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 All of these To obtain much insight into the present cash solvency of the firm and the firm To measure a firm’s ability to meet short-cut obligations ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The amount of property in which a willing buyer to a willing seller for the property when neither one is under the compulsion to buy nor to sell is called ______. Book value Market value Good will value Fair value Book value Market value Good will value Fair value ANSWER DOWNLOAD EXAMIANS APP
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