Engineering Economics Current ratio is: (Current assets + loans)/Current liabilities Current assets/Current liabilities None of these (Current assets + loans advances)/Current liabilities (Current assets + loans)/Current liabilities Current assets/Current liabilities None of these (Current assets + loans advances)/Current liabilities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller. 50% of the fixed percentage of gross income or the net taxable income Fixed percentage of gross income or 50% of the net taxable income Fixed percentage of gross income or the net taxable income 50% of the fixed percentage of gross income or 50% of the net taxable income 50% of the fixed percentage of gross income or the net taxable income Fixed percentage of gross income or 50% of the net taxable income Fixed percentage of gross income or the net taxable income 50% of the fixed percentage of gross income or 50% of the net taxable income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “current assets”? Fixed assets Ccash Non-liquid assets Liquid assets Fixed assets Ccash Non-liquid assets Liquid assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the negotiable claim issued by a bank in lien of a term deposit? Certificate of deposit Time deposit Bond Capital gain certificate Certificate of deposit Time deposit Bond Capital gain certificate ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Compound interest Nominal rate of interest Simple interest Effective rate of interest Compound interest Nominal rate of interest Simple interest Effective rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Owner’s equity = liability – assets Owner’s equity = assets + liability Liability = assets + owners’ equity Assets = liability + owner’s equity Owner’s equity = liability – assets Owner’s equity = assets + liability Liability = assets + owners’ equity Assets = liability + owner’s equity ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS