Engineering Economics Which is true about partnership? It has a perpetual life. It will be dissolved if one of the partners ceases to be connected with the partnership. Its capitalization must be equal for each partner. It can be handed down from one generation of partners to another. It has a perpetual life. It will be dissolved if one of the partners ceases to be connected with the partnership. Its capitalization must be equal for each partner. It can be handed down from one generation of partners to another. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Depreciation Inflation Depletion Deflation Depreciation Inflation Depletion Deflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What stock represents ownership and enjoys certain preferences than ordinary stock? Preferred stock Authorized stock Presidential stock Incorporator’s stock Preferred stock Authorized stock Presidential stock Incorporator’s stock ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “acid-test ratio”? Profit margin ratio Quick ratio Current ratio Price-earnings ratio Profit margin ratio Quick ratio Current ratio Price-earnings ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What bond whose security is a mortgage on certain specified assets of the corporation? Mortgage bond Collateral trust bond Registered bond Debenture bond Mortgage bond Collateral trust bond Registered bond Debenture bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal? Interest rate Return of investment Yield Rate of return Interest rate Return of investment Yield Rate of return ANSWER DOWNLOAD EXAMIANS APP
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