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Engineering Economics

Engineering Economics
If there are many sellers and few buyers, the market situation is _________ .

Duopsony
Oligopsony
Oligopoly
Monopoly

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Engineering Economics
What do you call a one-time credit against taxes?

Credible credit
Revenue credit
Tax credit
Due credit

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Engineering Economics
The ability to meet debts as they become due is known as ______.

Leverage
Insolvency
Liquidity
Solvency

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Engineering Economics
What is another term for “current assets”?

Ccash
Liquid assets
Fixed assets
Non-liquid assets

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Engineering Economics
What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days.

0.1944
0.1972
0.1931
0.1961

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Engineering Economics
What is the basic accounting equation?

Owner’s equity = assets + liability
Owner’s equity = liability – assets
Liability = assets + owners’ equity
Assets = liability + owner’s equity

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