Engineering Economics The common ratio is the ratio of: Current assets to current liabilities Net income to owner’s equity Gross profit to net sales Net credit sales to average net receivable Current assets to current liabilities Net income to owner’s equity Gross profit to net sales Net credit sales to average net receivable ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results? Design depreciation Functional depreciation Physical depreciation Demand depreciation Design depreciation Functional depreciation Physical depreciation Demand depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The alternatives which are standalone solutions for given situations in engineering involve: The anticipated life of the assets The anticipated resalable value (salvage value) and the interest return (rate of return) All of these A purchase cost (first cost) The anticipated life of the assets The anticipated resalable value (salvage value) and the interest return (rate of return) All of these A purchase cost (first cost) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If there are many sellers and few buyers, the market situation is _________ . Monopoly Duopsony Oligopsony Oligopoly Monopoly Duopsony Oligopsony Oligopoly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Commodities Goods Services Goods or commodities Commodities Goods Services Goods or commodities 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? Commodities Goods Services Goods or commodities Commodities Goods Services Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
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