Engineering Economics What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn? Time value of money Interest rate Present worth factor Yield Time value of money Interest rate Present worth factor Yield ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The common ratio is the ratio of: Gross profit to net sales Net income to owner’s equity Net credit sales to average net receivable Current assets to current liabilities Gross profit to net sales Net income to owner’s equity Net credit sales to average net receivable Current assets to current liabilities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a measure of the average speed with which accounts receivable are collected? Current ratio Acid test ratio Receivable turnover Quick ratio Current ratio Acid test ratio Receivable turnover Quick ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to an imaginary cost representing what will not be received if a particular strategy is rejected? Horizon cost Opportunity cost Null cost Ghost cost Horizon cost Opportunity cost Null cost Ghost cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the need, want or desire for a product backed by the money to purchase it? Supply Good Product Demand Supply Good Product Demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the common methods of computing depletion charge? Rational method and irrational method Unit method and percentage method Conservative method and conventional method Discrete method and depletion allowance method Rational method and irrational method Unit method and percentage method Conservative method and conventional method Discrete method and depletion allowance method ANSWER DOWNLOAD EXAMIANS APP