Engineering Economics The common ratio is the ratio of: Gross profit to net sales Current assets to current liabilities Net credit sales to average net receivable Net income to owner’s equity Gross profit to net sales Current assets to current liabilities Net credit sales to average net receivable Net income to owner’s equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics One banker’s year is equivalent to ______ days. 300 365 360 366 300 365 360 366 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to an imaginary cost representing what will not be received if a particular strategy is rejected? Opportunity cost Ghost cost Horizon cost Null cost Opportunity cost Ghost cost Horizon cost Null cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the increase in the money value of a capital asset is called? Capital expenditure Capital stock Profit Capital gain Capital expenditure Capital stock Profit Capital gain ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the claim of anyone to ownership? Liability Assets Proprietorship Equity Liability Assets Proprietorship Equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Depletion Deflation Depreciation Inflation Depletion Deflation Depreciation Inflation ANSWER DOWNLOAD EXAMIANS APP
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