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 diminishing return Law of supply and demand Law of demand Law of supply Law of diminishing return Law of supply and demand Law of demand Law of supply ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is an index of short-term paying ability? Profit margin ratio Gross margin Current ratio Price-earnings ratio Profit margin ratio Gross margin Current ratio Price-earnings ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method. 8 years 7 eyars 10 years 9 years 8 years 7 eyars 10 years 9 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Capitalized cost of any structure or property is computed by which formula? Annual cost – interest of first cost First cost + salvage value First cost + interest of first cost First cost + cost of perpetual maintenance Annual cost – interest of first cost First cost + salvage value First cost + interest of first cost First cost + cost of perpetual maintenance ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries. Mortgage bond Collateral trust bond Joint bond Security bond Mortgage bond Collateral trust bond Joint bond Security bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio obtained by dividing 'quick assets' by current liabilities is called Solvency ratio Acid test ratio None of these Turnover ratio Solvency ratio Acid test ratio None of these Turnover ratio ANSWER DOWNLOAD EXAMIANS APP
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