Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Goods Services Goods or commodities Commodities Goods Services Goods or commodities Commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics All the proceeds which are received by the business as a result of the sale of goods is called ______. Total sales Net revenue Net income Gross income Total sales Net revenue Net income Gross income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is true about corporation? Its life is dependent on the lives of the incorporators. It is worse type of business organization. The minimum number of incorporators to start a corporation is three. The stock holders of the corporation are only liable to the extent of their investments. Its life is dependent on the lives of the incorporators. It is worse type of business organization. The minimum number of incorporators to start a corporation is three. The stock holders of the corporation are only liable to the extent of their investments. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Goods or commodities Goods Services Commodities Goods or commodities Goods Services Commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio of current assets to current liabilities is known as Debts ratio Liquidity ratio Current ratio Acid-Test (or Quick) ratio Debts ratio Liquidity ratio Current ratio Acid-Test (or Quick) ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The sunk costs include: An invested capital that cannot be retrieved All of these A past expenditure An unrecovered balance An invested capital that cannot be retrieved All of these A past expenditure An unrecovered balance ANSWER DOWNLOAD EXAMIANS APP
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