Engineering Economics In case of bankruptcy of a partnership, The partners nay sell stock to generate additional capital The partners personal assets are attached to the debt of the partnership The partners are not liable for the liabilities of the partnership The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities The partners nay sell stock to generate additional capital The partners personal assets are attached to the debt of the partnership The partners are not liable for the liabilities of the partnership The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “unit method” for computing depletion? Initial cost method Sinking fund method Percentage method Factor method Initial cost method Sinking fund method Percentage method Factor method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund? Securities Bond T-bills Bank notes Securities Bond T-bills Bank notes ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as ______. Economic return Yield Earning value Gain Economic return Yield Earning value Gain ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Current assets less inventories divided by current liabilities is known as Liquidity ratio Debts ratio Current ratio Acid-Test (or Quick) ratio Liquidity ratio Debts ratio Current ratio Acid-Test (or Quick) ratio 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 ______. Market value Good will value Book value Fair value Market value Good will value Book value Fair value ANSWER DOWNLOAD EXAMIANS APP
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