Engineering Economics Return on investment ratio is the ratio of the: Net credit sales to average net receivable Cost of goods sold to average cost of inventory at hand Net income to owner’s equity Market price per share to earnings per share Net credit sales to average net receivable Cost of goods sold to average cost of inventory at hand Net income to owner’s equity Market price per share to earnings per share ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market? Oligopoly Oligopsony Monopoly Perfect competition Oligopoly Oligopsony Monopoly Perfect competition ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The process of determining the value or worth of a physical property for specific reason is called ______. Investment Valuation Economy Depletion Investment Valuation Economy Depletion 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 Producer products Necessity Luxury Consumer products Producer products Necessity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Simple interest Nominal rate of interest Compound interest Effective rate of interest Simple interest Nominal rate of interest Compound interest Effective rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset? Sum-of-year digit method Sinking fund method Straight line method Declining balance method Sum-of-year digit method Sinking fund method Straight line method Declining balance method ANSWER DOWNLOAD EXAMIANS APP
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