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Engineering Economics

Engineering Economics
Gross margin is the ratio of the gross profit to ______.

Owner’s equity
Net sale
Quick assets
Inventory turnover

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Engineering Economics
What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render?

Design depreciation
Functional depreciation
Physical depreciation
Demand depreciation

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Engineering Economics
The difference between the present and future worth of money at some time in the future is called ______.

Deduction
Inflation
Depletion
Discount

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Engineering Economics
The financial health of the company is measured in terms of:

All of these
Liquidity
Relative risk
Solvency

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Engineering Economics
What is the market situation exist when there are many buyers and many sellers?

Perfect competition
Oligopsony
Monopoly
Oligopoly

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Engineering Economics
What refers to the amount of a product made available for sale?

Good
Product
Demand
Supply

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