Engineering Economics The common ratio is the ratio of: Net income to owner’s equity Gross profit to net sales Current assets to current liabilities Net credit sales to average net receivable Net income to owner’s equity Gross profit to net sales Current assets to current liabilities Net credit sales to average net receivable ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The more critical (or severe) test of the firm's liquidity can be judged by: Liquidity ratio Debts ratio Acid-Test (or Quick) ratio Current ratio Liquidity ratio Debts ratio Acid-Test (or Quick) ratio Current ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “acid-test ratio”? Quick ratio Current ratio Price-earnings ratio Profit margin ratio Quick ratio Current ratio Price-earnings ratio Profit margin ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘I’ per annum, then present worth is: S/(1 + i)n S (1 + i)1/n S (1 + i)n None of these S/(1 + i)n S (1 + i)1/n S (1 + i)n None of these 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 appreciation Currency float Currency depreciation Currency devaluation Currency appreciation Currency float Currency depreciation Currency devaluation 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 Declining balance method Sinking fund method Straight line method Sum-of-year digit method Declining balance method Sinking fund method Straight line method ANSWER DOWNLOAD EXAMIANS APP
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