Engineering Economics Return on investment ratio is the ratio of the: Net income to owner’s equity Cost of goods sold to average cost of inventory at hand Market price per share to earnings per share Net credit sales to average net receivable Net income to owner’s equity Cost of goods sold to average cost of inventory at hand Market price per share to earnings per share Net credit sales to average net receivable ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the opposite of perfect competition? Monopsony Oligopsony Oligopoly Monopoly Monopsony Oligopsony Oligopoly Monopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A mathematical expression also known as the present value of annuity of one is called ______. Sinking fund factor Demand factor Present worth factor Load factor Sinking fund factor Demand factor Present worth factor Load factor ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Goods Services Commodities Goods or commodities Goods Services Commodities Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The common ratio is the ratio of: Net income to owner’s equity Net credit sales to average net receivable Current assets to current liabilities Gross profit to net sales Net income to owner’s equity Net credit sales to average net receivable Current assets to current liabilities Gross profit to net sales ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? Ledger system Bookkeeping system General journal system Balance check Ledger system Bookkeeping system General journal system Balance check ANSWER DOWNLOAD EXAMIANS APP