Engineering Economics “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: Law of supply and demand Law of demand Law of diminishing return Law of supply Law of supply and demand Law of demand Law of diminishing return Law of supply ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Necessity Consumer products Luxury Producer products Necessity Consumer products Luxury Producer products ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Return on investment ratio is the ratio of the: Market price per share to earnings per share Cost of goods sold to average cost of inventory at hand Net income to owner’s equity Net credit sales to average net receivable Market price per share to earnings per share Cost of goods sold to average cost of inventory at hand Net income to owner’s equity Net credit sales to average net receivable ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the current assets minus inventories and prepaid expenses? Return of investment ratio Profit margin ratio Price-earnings ratio Quick ratio Return of investment ratio Profit margin ratio Price-earnings ratio Quick ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A feasibility study shows that a fixed capital investment of P10,000,000 is required for a proposed construction firm and an estimated working capital of P2,000,000. Annual depreciation is estimated to be10% of the fixed capital investment. Determine the rate of return on the total investment if the annual profit is P3,500,000. 0.3012 0.2917 0.3078 0.2833 0.3012 0.2917 0.3078 0.2833 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics How long will it take money to double itself if invested at 5% compounded annually? 15.3 years 14.7 years 14.2 years 13.7 years 15.3 years 14.7 years 14.2 years 13.7 years ANSWER DOWNLOAD EXAMIANS APP
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