Engineering Economics The ratio obtained by dividing 'quick assets' by current liabilities is called Solvency ratio None of these Acid test ratio Turnover ratio Solvency ratio None of these Acid test ratio Turnover ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Producer Buyer or consumer Seller Manufacturer Producer Buyer or consumer Seller Manufacturer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to convert assets to cash quickly is known as ______. Leverage Insolvency Solvency Liquidity Leverage Insolvency Solvency Liquidity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics First Benchmark Publishing’s gross margin is 50% of sales. The operating costs of the publishing are estimated at 15% of sales. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes? 0.2 0.21 0.19 0.18 0.2 0.21 0.19 0.18 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller. Fixed percentage of gross income or the net taxable income Fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or the net taxable income 50% of the fixed percentage of gross income or 50% of the net taxable income Fixed percentage of gross income or the net taxable income Fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or the net taxable income 50% of the fixed percentage of gross income or 50% of the net taxable income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What do you call a one-time credit against taxes? Due credit Tax credit Revenue credit Credible credit Due credit Tax credit Revenue credit Credible credit ANSWER DOWNLOAD EXAMIANS APP
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