Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Luxury Consumer products Producer products Necessity Luxury Consumer products Producer products Necessity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A bond without any security behind them except a promise to pay by the issuing corporation is called ______. Common bond Debenture bond Joint bond Trust bond Common bond Debenture bond Joint bond Trust bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is an index of short-term paying ability? Profit margin ratio Gross margin Price-earnings ratio Current ratio Profit margin ratio Gross margin Price-earnings ratio Current ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The common ratio is the ratio of: Net income to owner’s equity Current assets to current liabilities Gross profit to net sales Net credit sales to average net receivable Net income to owner’s equity Current assets to current liabilities Gross profit to net sales Net credit sales to average net receivable ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The alternatives which are standalone solutions for given situations in engineering involve: The anticipated resalable value (salvage value) and the interest return (rate of return) A purchase cost (first cost) The anticipated life of the assets All of these The anticipated resalable value (salvage value) and the interest return (rate of return) A purchase cost (first cost) The anticipated life of the assets All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the opposite of perfect competition? Monopsony Monopoly Oligopoly Oligopsony Monopsony Monopoly Oligopoly Oligopsony ANSWER DOWNLOAD EXAMIANS APP
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