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

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

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.

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

ANSWER DOWNLOAD EXAMIANS APP