Engineering Economics What is the simplest form of business organization? Partnership Corporation Sole proprietorship Enterprise Partnership Corporation Sole proprietorship Enterprise ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In case of bankruptcy of a partnership, The partners personal assets are attached to the debt of the partnership The partners nay sell stock to generate additional capital The partners are not liable for the liabilities of the partnership 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 nay sell stock to generate additional capital The partners are not liable for the liabilities of the partnership The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An association of two or more persons for the purpose of engaging into a business for profit is called ______. Partnership Proprietorship Entrepreneurship Corporation Partnership Proprietorship Entrepreneurship Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If there are many sellers and few buyers, the market situation is _________ . Monopoly Duopsony Oligopoly Oligopsony Monopoly Duopsony Oligopoly Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment? P 2,504.57 P 2,544.45 P 2,540.56 P 2,500.57 P 2,504.57 P 2,544.45 P 2,540.56 P 2,500.57 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “current assets”? Non-liquid assets Ccash Fixed assets Liquid assets Non-liquid assets Ccash Fixed assets Liquid assets ANSWER DOWNLOAD EXAMIANS APP