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Engineering Economics

Engineering Economics
What is the simplest form of business organization?

Enterprise
Sole proprietorship
Corporation
Partnership

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Engineering Economics
The ratio of the net income before taxes to net sales is called ______.

Current ratio
Profit margin ratio
Price-earnings ratio
Inventory turnover

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Engineering Economics
What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents?

Inflation
Depletion
Deflation
Depreciation

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Engineering Economics
ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method.

9 years
10 years
7 eyars
8 years

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Engineering Economics
What refers to the present worth of all the amount the bondholder will receive through his possession of the bond?

Value of bond
Face value of bond
Par value of bond
Redeemed value of bond

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Engineering Economics
What refers to the amount of a product made available for sale?

Demand
Product
Supply
Good

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MORE MCQ ON Engineering Economics

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