Engineering Economics Pick up the correct statement regarding financial statement analysis from the following. The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time All listed here The income statement is the summary of revenues and expenses of a firm over a particular period of time Final analysis always involves the use of various financial statements i.e., balance sheet and income statement The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time All listed here The income statement is the summary of revenues and expenses of a firm over a particular period of time Final analysis always involves the use of various financial statements i.e., balance sheet and income statement ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics All the proceeds which are received by the business as a result of the sale of goods is called ______. Gross income Total sales Net revenue Net income Gross income Total sales Net revenue Net income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Capitalized cost of any structure or property is computed by which formula? First cost + interest of first cost First cost + salvage value First cost + cost of perpetual maintenance Annual cost – interest of first cost First cost + interest of first cost First cost + salvage value First cost + cost of perpetual maintenance Annual cost – interest of first cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation? T-bills Promissory note Stock Bond T-bills Promissory note Stock Bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? 12 months 11 months 13 months 10 months 12 months 11 months 13 months 10 months ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is normally used to compare alternatives that accomplish the same purpose but have unequal lives? Present worth method Capitalized cost method Annual cost method MARR Present worth method Capitalized cost method Annual cost method MARR ANSWER DOWNLOAD EXAMIANS APP
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