Engineering Economics What is a measure of the average speed with which accounts receivable are collected? Current ratio Receivable turnover Acid test ratio Quick ratio Current ratio Receivable turnover Acid test ratio Quick 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 50% of the fixed percentage of gross income or the net taxable income 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 50% of the fixed percentage of gross income or the net taxable income 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 amount of a product made available for sale? Demand Supply Good Product Demand Supply Good Product ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Services Goods Goods or commodities Commodities Services Goods Goods or commodities Commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? 10 months 13 months 11 months 12 months 10 months 13 months 11 months 12 months ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a secondary book of accounts, the information of which is obtained from the journal is called? Trial balance Worksheet Balanced sheet Ledger Trial balance Worksheet Balanced sheet Ledger ANSWER DOWNLOAD EXAMIANS APP