Engineering Economics
The ratio of the net income before taxes to net sales is called ______.

Current ratio
Price-earnings ratio
Profit margin ratio
Inventory turnover

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Engineering Economics
Pick up the correct reason for making conceptual (or preliminary) estimate from the following:

To check quotations from contractors and/or sub-contractors
To have a check on a definitive cost estimate
All of these
To compute target estimate for the owner while drawing and specifications are in initial stage

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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?

2712
2890
2632
2.59

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