Engineering Economics The ability to meet debts as they become due is known as ______. Solvency Liquidity Insolvency Leverage Solvency Liquidity Insolvency Leverage ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An association of two or more persons for the purpose of engaging into a business for profit is called ______. Corporation Partnership Proprietorship Entrepreneurship Corporation Partnership Proprietorship Entrepreneurship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The original record of a business transaction is recorded in this book. Work book Journal Account book Ledger Work book Journal Account book Ledger ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the simplest form of business organization? Sole proprietorship Enterprise Corporation Partnership Sole proprietorship Enterprise Corporation Partnership ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 0.1602 0.1632 0.1647 0.1628 0.1602 0.1632 0.1647 0.1628 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 ______. Net revenue Net income Total sales Gross income Net revenue Net income Total sales Gross income ANSWER DOWNLOAD EXAMIANS APP
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