Engineering Economics
First Benchmark Publishing’s gross margin is 50% of sales. The operating costs of the publishing are estimated at 15% of sales. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes?

0.2
0.19
0.21
0.18

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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
Current ratio is:

(Current assets + loans advances)/Current liabilities
Current assets/Current liabilities
None of these
(Current assets + loans)/Current liabilities

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