Engineering Economics The common ratio is the ratio of: Net credit sales to average net receivable Gross profit to net sales Current assets to current liabilities Net income to owner’s equity Net credit sales to average net receivable Gross profit to net sales Current assets to current liabilities Net income to owner’s equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______. In-place value Material cost Fixed cost First cost In-place value Material cost Fixed cost First cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. $ 5,010,000.00 $ 5,000,000.00 $ 5,025,000.00 $ 5,050,000.00 $ 5,010,000.00 $ 5,000,000.00 $ 5,025,000.00 $ 5,050,000.00 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
Engineering Economics A construction estimate is used None of these To produce a statement of the approximate cost To decide an approximation of the value of the project and not the exact cost To judge tentatively or approximate value of the project None of these To produce a statement of the approximate cost To decide an approximation of the value of the project and not the exact cost To judge tentatively or approximate value of the project ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Keeping in view, the feasibility order of magnitude, the preliminary, conceptual or budget estimates, are prepared by: Construction manager Owner himself/herself Architect/engineer Construction manager Construction manager Owner himself/herself Architect/engineer Construction manager ANSWER DOWNLOAD EXAMIANS APP
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