Engineering Economics Pick up the correct statement regarding financial statement analysis from the following. All listed here Final analysis always involves the use of various financial statements i.e., balance sheet and income statement The income statement is the summary of revenues and expenses of a firm over a particular period of time The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time All listed here Final analysis always involves the use of various financial statements i.e., balance sheet and income statement The income statement is the summary of revenues and expenses of a firm over a particular period of time The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is: (ni - 1) (1 + ni) ni None of these (ni - 1) (1 + ni) ni None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even? 2,890 2,632 2.590 2,712 2,890 2,632 2.590 2,712 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest? Compound interest Effective rate of interest Nominal rate of interest Simple interest Compound interest Effective rate of interest Nominal rate of interest Simple interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In a cash-flow diagram: Time 0 is considered to be the present A vertical arrow pointing up indicates a positive cash flow Time 1 is considered to be the end of time period 1 All of these Time 0 is considered to be the present A vertical arrow pointing up indicates a positive cash flow Time 1 is considered to be the end of time period 1 All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Return on investment ratio is the ratio of the: Cost of goods sold to average cost of inventory at hand Market price per share to earnings per share Net income to owner’s equity Net credit sales to average net receivable Cost of goods sold to average cost of inventory at hand Market price per share to earnings per share Net income to owner’s equity Net credit sales to average net receivable ANSWER DOWNLOAD EXAMIANS APP
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