What is defined as the length of time usually in years, for the cumulative net annual profit to equal the initial investment?
AReturn of investment period
BTurnover period
CBreak-even period
DPayback period
ESAS · Question Bank
Engineering Economics
195 of 208 questions match · page 8 of 10. Answer in your head first, then check the solution.
What is defined as the ratio of its return to its cost?
AReturn of an investment
BValue of an investment
CBreak even point of an investment
DTerms of an investment
What refers to the reduction in the level of a national income and output usually accompanied by a fall in the general price level?
ADeflation
BInflation
CDevaluation
DDepreciation
A formal organization of producers within an industry forming a perfect collusion purposely formed to increase profit and block new comers form the industry is called _________
AMonopoly
BCartel
CCorporation
DCompetitors
The paper currency issued by the central bank which forms part of the country's money supply is called ________
AT-bills
Bbank notes
Ccheck
Dcoupon
What is the ratio of the net income to owner's equity?
AReturn on investment
BInventory turnover
CProfit margin
DPrice-earnings
What refers to the buying or selling of goods between two or more markets in order to take profitable advantage of any differences in the prices quoted in these markets?
ACartel
BArbitage
CBlack Market
DA priori
The suspension of repayment of debt or interest for a specified period of time is called _________
Amoratorium
Bescrow
Cnumeraire
Dporcupine
It is defined to be the capacity of a commodity to satisfy human want
Anecessity
Butility
Cluxuries
Ddiscount
It is the stock that has prior right to dividends. It is usually does not bring voting right to the owners and the dividend is fixed and cannot be higher than the specified amount
ACommon stock
BVoting stock
CPreferred stock
DNon par value stock
It is the worth of a property as recorded in the book of an enterprise
ASalvage value
BPrice
CBook value
DScrap value
The value of the stock as stated on the stock certificate
Astock value
Bpar value
Cinterest
Dmaturity value
A market situation in which two powerful groups or organizations dominate commerce in one business market or commodity
AOligopoly
BDuopoly
CBilateral oligopoly
DBilateral oligopsony
The amount which has been spend or capital invested which for some reasons cannot be retrieved
Asunk cost
Bfixed costs
Cdepletion cost
Dconstruction cost
An obligation with no condition attached is called
APersonal
BGratuitous
CConcealed
DPrivate
The amount received from the sale of an additional unit of a product
Amarginal cost
Bmarginal revenue
Cextra profit
Dprime cost
The amount that the property would give of sold for junk
Ajunk value
Bsalvage value
Cscrap value
Dbook value
The sum of the direct labor cost incurred in the factory and the direct material costs of all materials that go into production is called
Anet cost
Bmaintenance cost
Cprime cost
Doperating cost
The additional cost of producing another one more unit is
Aprime cost
Bmarginal cost
Cdifferential cost
Dsunk cost
A written contract by a debtor to pay final redemption value on an indicated date or maturity and to pay a certain sum periodically
Aannuity
Bbond
Camortization
Dcollateral