Engineering Economics What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest? Nominal rate of interest Effective rate of interest Simple interest Compound interest Nominal rate of interest Effective rate of interest Simple interest Compound interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of bond is issued jointly by two or more corporations? Mortgage bond Joint bond Tie-up bond Trust bond Mortgage bond Joint bond Tie-up bond Trust bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Perfect information and absence of all economic friction All of these Free market entry and exit Homogeneous product Perfect information and absence of all economic friction All of these Free market entry and exit Homogeneous product ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What represents the ownership of stockholders who have a residual claim on the assets of the corporation after all other claims have been settled? Common stock Authorized capital stock Incorporator stock Preferred stock Common stock Authorized capital stock Incorporator stock Preferred stock ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics First Benchmark Publishing’s gross margin is 50% of sales. The operating costs of the publishing are estimated at 15% of sales. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes? 0.18 0.19 0.2 0.21 0.18 0.19 0.2 0.21 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a measure of the average speed with which accounts receivable are collected? Acid test ratio Current ratio Receivable turnover Quick ratio Acid test ratio Current ratio Receivable turnover Quick ratio ANSWER DOWNLOAD EXAMIANS APP
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