Engineering Economics What is another term for “perfect competition”? Free-for-all competition Atomistic competition Heterogeneous market No-limit competition Free-for-all competition Atomistic competition Heterogeneous market No-limit competition ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the term for an annuity with a fixed time span? Perpetuity Ordinary annuity Annuity due Annuity certain Perpetuity Ordinary annuity Annuity due Annuity certain ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000 1,037 1,033 1,053 1,043 1,037 1,033 1,053 1,043 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The common ratio is the ratio of: Gross profit to net sales Current assets to current liabilities Net credit sales to average net receivable Net income to owner’s equity Gross profit to net sales Current assets to current liabilities Net credit sales to average net receivable Net income to owner’s equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The more critical (or severe) test of the firm's liquidity can be judged by: Current ratio Debts ratio Acid-Test (or Quick) ratio Liquidity ratio Current ratio Debts ratio Acid-Test (or Quick) ratio Liquidity ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In case of bankruptcy of a partnership, The partners nay sell stock to generate additional capital The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities The partners personal assets are attached to the debt of the partnership The partners are not liable for the liabilities of the partnership The partners nay sell stock to generate additional capital The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities The partners personal assets are attached to the debt of the partnership The partners are not liable for the liabilities of the partnership ANSWER DOWNLOAD EXAMIANS APP
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