Engineering Economics Liquidity ratios are used: To measure a firm’s ability to meet short-cut obligations To obtain much insight into the present cash solvency of the firm and the firm To compare short term obligations to short-term resources available to meet these obligations All of these To measure a firm’s ability to meet short-cut obligations To obtain much insight into the present cash solvency of the firm and the firm To compare short term obligations to short-term resources available to meet these obligations All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Buyer or consumer Manufacturer Seller Producer Buyer or consumer Manufacturer Seller Producer 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. $ 5,050,000.00 $ 5,000,000.00 $ 5,010,000.00 $ 5,025,000.00 $ 5,050,000.00 $ 5,000,000.00 $ 5,010,000.00 $ 5,025,000.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______. Currency devaluation Currency float Currency depreciation Currency appreciation Currency devaluation Currency float Currency depreciation Currency appreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘a’ is the base amount expenditure, ‘b’ is the increase in the operation cost each year over a period of’ 'n’ years, the total cost of maintenance is: a × (n - 1) b a + (n - 1) b a - (n - 1) b a + (n + 1) b a × (n - 1) b a + (n - 1) b a - (n - 1) b a + (n + 1) b ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is an accounting term that represents an inventory account adjustment? Cost of goods sold Overhead cost Standard cost Cost accounting Cost of goods sold Overhead cost Standard cost Cost accounting ANSWER DOWNLOAD EXAMIANS APP
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