Engineering Economics “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: Law of supply and demand Law of demand Law of supply Law of diminishing return Law of supply and demand Law of demand Law of supply Law of diminishing return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What bond whose security is a mortgage on certain specified assets of the corporation? Debenture bond Mortgage bond Collateral trust bond Registered bond Debenture bond Mortgage bond Collateral trust bond Registered bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The more critical (or severe) test of the firm's liquidity can be judged by: Liquidity ratio Acid-Test (or Quick) ratio Current ratio Debts ratio Liquidity ratio Acid-Test (or Quick) ratio Current ratio Debts ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What represents the share of participation in business organizations? Partnership Franchise Stock Corporation Partnership Franchise Stock Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio obtained by dividing 'quick assets' by current liabilities is called Acid test ratio Solvency ratio Turnover ratio None of these Acid test ratio Solvency ratio Turnover ratio None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “current assets”? Non-liquid assets Ccash Liquid assets Fixed assets Non-liquid assets Ccash Liquid assets Fixed assets ANSWER DOWNLOAD EXAMIANS APP