Engineering Economics The common ratio is the ratio of: Gross profit to net sales Net income to owner’s equity Net credit sales to average net receivable Current assets to current liabilities Gross profit to net sales Net income to owner’s equity Net credit sales to average net receivable Current assets to current liabilities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Salvage value is sometimes known as ______. Scrap value Junk value Second-hand value Going value Scrap value Junk value Second-hand value Going value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. The taxable income after taking all deductions except for depletion is P 18,500,000. What is the allowable depletion allowance for that particular year? Take percentage of gross income for oil as 22%. P 9,358.41 P 9,228.45 P 9,250.00 P 9,308.45 P 9,358.41 P 9,228.45 P 9,250.00 P 9,308.45 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The functional depreciation is sometimes called ______. Failure depreciation Adolescence Demand depreciation Life depreciation Failure depreciation Adolescence Demand depreciation Life depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “unit method” for computing depletion? Sinking fund method Percentage method Factor method Initial cost method Sinking fund method Percentage method Factor method Initial cost method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate. Currency devaluation Currency depreciation Currency appreciation Currency float Currency devaluation Currency depreciation Currency appreciation Currency float ANSWER DOWNLOAD EXAMIANS APP
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