Engineering Economics
Which is true about partnership?

Its capitalization must be equal for each partner.
It will be dissolved if one of the partners ceases to be connected with the partnership.
It can be handed down from one generation of partners to another.
It has a perpetual life.

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Engineering Economics
In a cash-flow diagram:

A vertical arrow pointing up indicates a positive cash flow
All of these
Time 1 is considered to be the end of time period 1
Time 0 is considered to be the present

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Engineering Economics
A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even?

2712
2632
2.59
2890

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