Engineering Economics All the proceeds which are received by the business as a result of the sale of goods is called ______. Net income Gross income Net revenue Total sales Net income Gross income Net revenue Total sales ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: Law of demand Law of diminishing return Law of supply Law of supply and demand Law of demand Law of diminishing return Law of supply Law of supply and demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%. P1,549.64 P1,459.64 P1,945.64 P1,345.98 P1,549.64 P1,459.64 P1,945.64 P1,345.98 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The amount of property in which a willing buyer to a willing seller for the property when neither one is under the compulsion to buy nor to sell is called ______. Good will value Book value Market value Fair value Good will value Book value Market value Fair value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the feature of some bonds whereby the issuer can redeem it before it matures? Recall clause Call class Return clause Callability Recall clause Call class Return clause Callability ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio of current assets to current liabilities is known as Acid-Test (or Quick) ratio Liquidity ratio Debts ratio Current ratio Acid-Test (or Quick) ratio Liquidity ratio Debts ratio Current ratio ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS