Engineering Economics The ratio of current assets to current liabilities is known as Debts ratio Liquidity ratio Acid-Test (or Quick) ratio Current ratio Debts ratio Liquidity ratio Acid-Test (or Quick) ratio Current ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller. 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 50% of the 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 50% of the net taxable income Fixed percentage of gross income or the net taxable income 50% of the fixed percentage of gross income or the net taxable income Fixed percentage of gross income or 50% of the net taxable income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cost of borrowing money or the amount earned by a unit principal per unit time? Yield rate Rate of return Rate of interest Economic return Yield rate Rate of return Rate of interest Economic return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Using factor method, the depletion at any given year is equal to: Initial cost of property times number of unit sold during the year divided by the total units in property Initial cost of property times number of units sold during the year Initial cost of property divided by the total units in property Initial cost of property divided by the number of units sold during the year Initial cost of property times number of unit sold during the year divided by the total units in property Initial cost of property times number of units sold during the year Initial cost of property divided by the total units in property Initial cost of property divided by the number of units sold during the year ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “current assets”? Non-liquid assets Liquid assets Ccash Fixed assets Non-liquid assets Liquid assets Ccash Fixed assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Double taxation is a disadvantage of which business organization? Sole proprietorship Partnership Enterprise Corporation Sole proprietorship Partnership Enterprise Corporation ANSWER DOWNLOAD EXAMIANS APP
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