Engineering Economics An association of two or more persons for the purpose of engaging into a business for profit is called ______. Proprietorship Entrepreneurship Corporation Partnership Proprietorship Entrepreneurship Corporation Partnership ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to convert assets to cash quickly is known as ______. Solvency Liquidity Insolvency Leverage Solvency Liquidity Insolvency Leverage ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly? 0.0824 0.0807 0.0812 0.0816 0.0824 0.0807 0.0812 0.0816 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The common ratio is the ratio of: Current assets to current liabilities Net income to owner’s equity Net credit sales to average net receivable Gross profit to net sales Current assets to current liabilities Net income to owner’s equity Net credit sales to average net receivable Gross profit to net sales ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the two classifications of goods and services? Consumer and producer Raw and finished Ready-made and made-to-order Local and imported Consumer and producer Raw and finished Ready-made and made-to-order Local and imported ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The owner of the construction company makes use of the estimate: To assist in financial arrangements To determine the capital investment costs To determine economic feasibility of the project All of these To assist in financial arrangements To determine the capital investment costs To determine economic feasibility of the project All of these ANSWER DOWNLOAD EXAMIANS APP
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