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Engineering Economics

Engineering Economics
The ratio of current assets to current liabilities is known as

Liquidity ratio
Current ratio
Debts ratio
Acid-Test (or Quick) ratio

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Engineering Economics
A project construction cost estimate includes:

The profit of the contractor
The equipment and over head cost
All of these
The labour and material cost

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Engineering Economics
A ______ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition.

Perfect monopoly
Natural monopoly
Bilateral monopoly
Ordinary monopoly

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Engineering Economics
The flow back of profit plus depreciation form a given project is called ______.

Earning value
Cash flow
Capital recovery
Economic return

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Engineering Economics
All are classified under direct labor expenses EXCEPT one. Which one?

Inspection cost
Assembly cost
Supervision cost
Testing cost

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Engineering Economics
If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time:

Capital Recovery Annuity fs availed
Present work Annuity is availed
Sinking Fund Annuity is availed
Sinking Fund Annuity is availed

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