Engineering Economics What is an index of short-term paying ability? Current ratio Gross margin Profit margin ratio Price-earnings ratio Current ratio Gross margin Profit margin ratio Price-earnings ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry? The initial depreciation is low Unstable economy The initial deprecation is high Rate of interest cannot be exactly determined The initial depreciation is low Unstable economy The initial deprecation is high Rate of interest cannot be exactly determined ANSWER DOWNLOAD EXAMIANS APP
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 demand Law of supply Law of diminishing return Law of supply and demand Law of demand Law of supply Law of diminishing return Law of supply and demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Gross margin is the ratio of the gross profit to ______. Inventory turnover Net sale Owner’s equity Quick assets Inventory turnover Net sale Owner’s equity Quick assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note. P18,000 P18,900 P19,000 P19,100 P18,000 P18,900 P19,000 P19,100 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. The taxable income after taking all deductions except for depletion is P 18,500,000. What is the allowable depletion allowance for that particular year? Take percentage of gross income for oil as 22%. P 9,308.45 P 9,358.41 P 9,228.45 P 9,250.00 P 9,308.45 P 9,358.41 P 9,228.45 P 9,250.00 ANSWER DOWNLOAD EXAMIANS APP