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Engineering Economics

Engineering Economics
What type of bond is issued jointly by two or more corporations?

Trust bond
Tie-up bond
Joint bond
Mortgage bond

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Engineering Economics
Double taxation is a disadvantage of which business organization?

Enterprise
Sole proprietorship
Corporation
Partnership

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Engineering Economics
Return on investment ratio is the ratio of the:

Cost of goods sold to average cost of inventory at hand
Net credit sales to average net receivable
Market price per share to earnings per share
Net income to owner’s equity

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Engineering Economics
The more critical (or severe) test of the firm's liquidity can be judged by:

Current ratio
Debts ratio
Acid-Test (or Quick) ratio
Liquidity ratio

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Engineering Economics
What is the change in cost per unit variable change called?

Supplemental cost
Fixed cost
Variable cost
Incremental cost

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Engineering Economics
What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market?

Oligopoly
Monopoly
Perfect competition
Oligopsony

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