Engineering Economics Current assets less inventories divided by 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 simplest form of business organization? Sole proprietorship Corporation Enterprise Partnership Sole proprietorship Corporation Enterprise Partnership ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is: (1 + i)(1/2n) None of these √(n + i) (1 + i)n (1 + i)(1/2n) None of these √(n + i) (1 + i)n ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is NOT an essential element of an ordinary annuity? The payments are made at equal interval of time. Compound interest is paid on all amounts in the annuity. The first payment is made at the beginning of the first period. The amounts of all payments are equal. The payments are made at equal interval of time. Compound interest is paid on all amounts in the annuity. The first payment is made at the beginning of the first period. The amounts of all payments are equal. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “current assets”? Fixed assets Ccash Non-liquid assets Liquid assets Fixed assets Ccash Non-liquid assets Liquid assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? 10 months 12 months 13 months 11 months 10 months 12 months 13 months 11 months ANSWER DOWNLOAD EXAMIANS APP