Engineering Economics What is the basic accounting equation? Owner’s equity = liability – assets Assets = liability + owner’s equity Liability = assets + owners’ equity Owner’s equity = assets + liability Owner’s equity = liability – assets Assets = liability + owner’s equity Liability = assets + owners’ equity Owner’s equity = assets + liability ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The common ratio is the ratio of: 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 Gross profit to net sales Current assets to current liabilities Net credit sales to average net receivable ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics One banker’s year is equivalent to ______ days. 365 366 360 300 365 366 360 300 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Earnings per share is the most important ratio for Company's management Banks All of these Share holders Company's management Banks All of these Share holders ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Oligopoly exists when there is/are: Few sellers and few buyers Few sellers and many buyers Many sellers and few buyers One seller and few buyers Few sellers and few buyers Few sellers and many buyers Many sellers and few buyers One seller and few buyers ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct method adopted for developing the approximate or conceptual estimates from the following: Cost per function method All of these Cost per square metre Base unit method Cost per function method All of these Cost per square metre Base unit method ANSWER DOWNLOAD EXAMIANS APP
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