Engineering Economics What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties? Market value Book value Franchise value Fair value Market value Book value Franchise value Fair value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Current assets less inventories divided by current liabilities is known as Debts ratio Acid-Test (or Quick) ratio Liquidity ratio Current ratio Debts ratio Acid-Test (or Quick) ratio Liquidity ratio Current ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to convert assets to cash quickly is known as ______. Solvency Leverage Liquidity Insolvency Solvency Leverage Liquidity Insolvency ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A bond without any security behind them except a promise to pay by the issuing corporation is called ______. Debenture bond Common bond Trust bond Joint bond Debenture bond Common bond Trust bond Joint bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which of these gives the lowest effective rate of interest? 12.35 % compounded annually 11.60 % compounded annually 11.90 % compounded annually 12.20 % compounded annually 12.35 % compounded annually 11.60 % compounded annually 11.90 % compounded annually 12.20 % compounded annually 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? Services Commodities Goods or commodities Goods Services Commodities Goods or commodities Goods ANSWER DOWNLOAD EXAMIANS APP