Engineering Economics The common ratio is the ratio of: Net income to owner’s equity Net credit sales to average net receivable Gross profit to net sales Current assets to current liabilities Net income to owner’s equity Net credit sales to average net receivable Gross profit to net sales Current assets to current liabilities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Depreciation Depletion Deflation Inflation Depreciation Depletion Deflation Inflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is NOT an essential element of an ordinary annuity? Compound interest is paid on all amounts in the annuity. The first payment is made at the beginning of the first period. The amounts of all payments are equal. The payments are made at equal interval of time. Compound interest is paid on all amounts in the annuity. The first payment is made at the beginning of the first period. The amounts of all payments are equal. The payments are made at equal interval of time. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics How long will it take money to double itself if invested at 5% compounded annually? 15.3 years 13.7 years 14.2 years 14.7 years 15.3 years 13.7 years 14.2 years 14.7 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest? 0.0398 0.039 0.0392 0.0395 0.0398 0.039 0.0392 0.0395 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “perfect competition”? Atomistic competition No-limit competition Free-for-all competition Heterogeneous market Atomistic competition No-limit competition Free-for-all competition Heterogeneous market ANSWER DOWNLOAD EXAMIANS APP
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