Engineering Economics Gross margin is the ratio of the gross profit to ______. Quick assets Inventory turnover Owner’s equity Net sale Quick assets Inventory turnover Owner’s equity Net sale ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The more critical (or severe) test of the firm's liquidity can be judged by: Liquidity ratio Acid-Test (or Quick) ratio Debts ratio Current ratio Liquidity ratio Acid-Test (or Quick) ratio Debts ratio Current ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Cash money and credit necessary to establish and operate an enterprise are generally called ______. Liabilities Capital Assets Funds Liabilities Capital Assets Funds ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Owner’s equity = assets + liability Assets = liability + owner’s equity Owner’s equity = liability – assets Liability = assets + owners’ equity Owner’s equity = assets + liability Assets = liability + owner’s equity Owner’s equity = liability – assets Liability = assets + owners’ equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time: Sinking Fund Annuity is availed Capital Recovery Annuity fs availed Present work Annuity is availed Sinking Fund Annuity is availed Sinking Fund Annuity is availed Capital Recovery Annuity fs availed Present work Annuity is availed Sinking Fund Annuity is availed ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year? P700.12 P705.42 P702.15 P693.12 P700.12 P705.42 P702.15 P693.12 ANSWER DOWNLOAD EXAMIANS APP