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 has a perpetual life. It can be handed down from one generation of partners to another. 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 has a perpetual life. It can be handed down from one generation of partners to another. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for? Equity Dividend Return Par value Equity Dividend Return Par value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the current assets minus inventories and prepaid expenses? Quick ratio Return of investment ratio Profit margin ratio Price-earnings ratio Quick ratio Return of investment ratio Profit margin ratio Price-earnings ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render? Demand depreciation Design depreciation Functional depreciation Physical depreciation Demand depreciation Design depreciation Functional depreciation Physical depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio of the net income before taxes to net sales is called ______. Profit margin ratio Current ratio Inventory turnover Price-earnings ratio Profit margin ratio Current ratio Inventory turnover Price-earnings ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note. P18,000 P19,000 P18,900 P19,100 P18,000 P19,000 P18,900 P19,100 ANSWER DOWNLOAD EXAMIANS APP