Engineering Economics The interest calculated on the basis of 365 days a year, is known as: None of these Ordinary simple interest Interest Exact simple interest None of these Ordinary simple interest Interest Exact simple interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An association of two or more persons for the purpose of engaging into a business for profit is called ______. Corporation Partnership Proprietorship Entrepreneurship Corporation Partnership Proprietorship Entrepreneurship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ______ is the element of value which a business has earned through the favorable consideration and patronage of its costumers arising from its well known and well conducted policies and operations. Big income Known owners Goodwill Status company Big income Known owners Goodwill Status company ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Homogeneous product All of these Free market entry and exit Perfect information and absence of all economic friction Homogeneous product All of these Free market entry and exit Perfect information and absence of all economic friction ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What method is often used in municipal project evaluations where benefits and costs accrue to different segments of the community? EUAC Rate of return method Annual cost method Benefit-cost ratio EUAC Rate of return method Annual cost method Benefit-cost ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct statement regarding financial statement analysis from the following. Final analysis always involves the use of various financial statements i.e., balance sheet and income statement The income statement is the summary of revenues and expenses of a firm over a particular period of time All listed here The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time Final analysis always involves the use of various financial statements i.e., balance sheet and income statement The income statement is the summary of revenues and expenses of a firm over a particular period of time All listed here The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time ANSWER DOWNLOAD EXAMIANS APP
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