Engineering Economics Gross margin is the ratio of the gross profit to ______. Net sale Owner’s equity Quick assets Inventory turnover Net sale Owner’s equity Quick assets Inventory turnover ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller. 50% of the fixed percentage of gross income or the net taxable income 50% of the fixed percentage of gross income or 50% of the net taxable income Fixed percentage of gross income or 50% of the net taxable income Fixed percentage of gross income or the net taxable income 50% of the fixed percentage of gross income or the net taxable income 50% of the fixed percentage of gross income or 50% of the net taxable income Fixed percentage of gross income or 50% of the net taxable income Fixed percentage of gross income or the net taxable income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What do you call the after-tax present worth of all depreciation effects over the depreciation period of the asset? Period recovery Depreciation recovery Asset recovery After-tax recovery Period recovery Depreciation recovery Asset recovery After-tax recovery ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio of the net income before taxes to net sales is called ______. Current ratio Price-earnings ratio Inventory turnover Profit margin ratio Current ratio Price-earnings ratio Inventory turnover Profit margin ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to convert assets to cash quickly is known as ______. Solvency Liquidity Leverage Insolvency Solvency Liquidity Leverage Insolvency ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. 5000000 5010000 5025000 5050000 5000000 5010000 5025000 5050000 ANSWER DOWNLOAD EXAMIANS APP
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