Engineering Economics What is a market situation whereby there is only one buyer of an item for which there is no goods substitute? Monopsony Monopoly Oligopoly Oligopsony Monopsony Monopoly Oligopoly Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Liability = assets + owners’ equity Owner’s equity = assets + liability Assets = liability + owner’s equity Owner’s equity = liability – assets Liability = assets + owners’ equity Owner’s equity = assets + liability Assets = liability + owner’s equity Owner’s equity = liability – assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal? Interest rate Rate of return Yield Return of investment Interest rate Rate of return Yield Return of investment ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “acid-test ratio”? Quick ratio Current ratio Price-earnings ratio Profit margin ratio Quick ratio Current ratio Price-earnings ratio Profit margin ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Cash money and credit necessary to establish and operate an enterprise are generally called ______. Assets Capital Liabilities Funds Assets Capital Liabilities Funds ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics How long will it take money to double itself if invested at 5% compounded annually? 14.2 years 14.7 years 15.3 years 13.7 years 14.2 years 14.7 years 15.3 years 13.7 years ANSWER DOWNLOAD EXAMIANS APP
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