Engineering Economics
Current assets less inventories divided by current liabilities is known as

Debts ratio
Current ratio
Liquidity ratio
Acid-Test (or Quick) ratio

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Engineering Economics
In a cash flow series:

Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period
All of these
Either an increase or decrease in the amount of a cash flow is called the gradient
The gradient in the cash flow may be positive or negative

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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?

2.590
2,632
2,712
2,890

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