Engineering Economics Current assets less inventories divided by current liabilities is known as Current ratio Liquidity ratio Acid-Test (or Quick) ratio Debts ratio Current ratio Liquidity ratio Acid-Test (or Quick) ratio Debts 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? Horizon cost Null cost Ghost cost Opportunity cost Horizon cost Null cost Ghost cost Opportunity cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is an index of short-term paying ability? Profit margin ratio Gross margin Price-earnings ratio Current ratio Profit margin ratio Gross margin Price-earnings ratio Current ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics First Benchmark Publishing’s gross margin is 50% of sales. The operating costs of the publishing are estimated at 15% of sales. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes? 0.2 0.18 0.19 0.21 0.2 0.18 0.19 0.21 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio of the net income before taxes to net sales is called ______. Price-earnings ratio Profit margin ratio Current ratio Inventory turnover Price-earnings ratio Profit margin ratio Current ratio Inventory turnover ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: Law of supply Law of demand Law of supply and demand Law of diminishing return Law of supply Law of demand Law of supply and demand Law of diminishing return ANSWER DOWNLOAD EXAMIANS APP
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