Engineering Economics Gross margin is the ratio of the gross profit to ______. Inventory turnover Quick assets Net sale Owner’s equity Inventory turnover Quick assets Net sale Owner’s equity 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? 12 months 11 months 13 months 10 months 12 months 11 months 13 months 10 months ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the term for an annuity with a fixed time span? Ordinary annuity Perpetuity Annuity certain Annuity due Ordinary annuity Perpetuity Annuity certain Annuity due ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If there is only one seller and many buyers, the market situation is ________ . Monopoly Oligopsony Oligopoly Duopsony Monopoly Oligopsony Oligopoly Duopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Luxury Consumer products Necessity Producer products Luxury Consumer products Necessity Producer products ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? All of these Free market entry and exit Homogeneous product Perfect information and absence of all economic friction All of these Free market entry and exit Homogeneous product Perfect information and absence of all economic friction ANSWER DOWNLOAD EXAMIANS APP
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