Engineering Economics Current assets less inventories divided by current liabilities is known as Acid-Test (or Quick) ratio Liquidity ratio Current ratio Debts ratio Acid-Test (or Quick) ratio Liquidity ratio Current ratio Debts ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the element of the cost from the following: All of these Over head Direct labour Direct material All of these Over head Direct labour Direct material ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics How long will it take money to double itself if invested at 5% compounded annually? 14.2 years 14.7 years 15.3 years 13.7 years 14.2 years 14.7 years 15.3 years 13.7 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Double taxation is a disadvantage of which business organization? Partnership Corporation Sole proprietorship Enterprise Partnership Corporation Sole proprietorship Enterprise ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Owner’s equity = liability – assets Liability = assets + owners’ equity Owner’s equity = assets + liability Assets = liability + owner’s equity Owner’s equity = liability – assets Liability = assets + owners’ equity Owner’s equity = assets + liability Assets = liability + owner’s equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Cash money and credit necessary to establish and operate an enterprise are generally called ______. Funds Liabilities Capital Assets Funds Liabilities Capital Assets ANSWER DOWNLOAD EXAMIANS APP
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