Engineering Economics
Return on investment ratio is the ratio of the:

Net income to owner’s equity
Cost of goods sold to average cost of inventory at hand
Market price per share to earnings per share
Net credit sales to average net receivable

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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?

11 months
12 months
13 months
10 months

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