Engineering Economics Gross margin is the ratio of the gross profit to ______. Quick assets Inventory turnover Owner’s equity Net sale Quick assets Inventory turnover Owner’s equity Net sale ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal? Rate of return Yield Interest rate Return of investment Rate of return Yield Interest rate Return of investment ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A farmer selling eggs at 50 pesos a dozen gains 20%. If he sells the eggs at the same price after the costs of the eggs rises by 12.5%, how much will be his new gain in percent? 0.0665 0.0612 0.0658 0.0689 0.0665 0.0612 0.0658 0.0689 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio of the net income before taxes to net sales is called ______. Profit margin ratio Inventory turnover Current ratio Price-earnings ratio Profit margin ratio Inventory turnover Current ratio Price-earnings ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: Law of demand Law of diminishing return Law of supply and demand Law of supply Law of demand Law of diminishing return Law of supply and demand Law of supply 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? Design depreciation Physical depreciation Functional depreciation Demand depreciation Design depreciation Physical depreciation Functional depreciation Demand depreciation ANSWER DOWNLOAD EXAMIANS APP
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