Engineering Economics The ratio of current assets to current liabilities is known as Acid-Test (or Quick) ratio Liquidity ratio Current ratio Debts ratio Acid-Test (or Quick) ratio Liquidity ratio Current ratio Debts ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the claim of anyone to ownership? Assets Liability Equity Proprietorship Assets Liability Equity Proprietorship 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 ______. Proprietorship Corporation Partnership Entrepreneurship Proprietorship Corporation Partnership Entrepreneurship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The key to profitable operation for project cost control, is: To keep the project cost equal to original cost estimate To keep the project cost within the cost budget and knowing when and where job costs are deviating To keep the project cost equal to subsequent construction budget None of these To keep the project cost equal to original cost estimate To keep the project cost within the cost budget and knowing when and where job costs are deviating To keep the project cost equal to subsequent construction budget 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 float Currency depreciation Currency appreciation Currency devaluation Currency float Currency depreciation Currency appreciation Currency devaluation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even? 2.590 2,890 2,632 2,712 2.590 2,890 2,632 2,712 ANSWER DOWNLOAD EXAMIANS APP
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