Civil Engineering MCQs

2965 MCQs  (Page 292 of 297)

What is the basic accounting equation ?
A. Assets = liability + owner’s equity
B. Liability = assets + owners’ equity
C. Owner’s equity = assets + liability
D. Owner’s equity = liability – assets
Capitalized cost of any structure or property is computed by which formula ?
A. First cost + interest of first cost
B. Annual cost – interest of first cost
C. First cost + cost of perpetual maintenance
D. First cost + salvage value
Return on investment ratio is the ratio of the_____________?
A. Net income to owner’s equity
B. Market price per share to earnings per share
C. Cost of goods sold to average cost of inventory at hand
D. Net credit sales to average net receivable
Gross margin is the ratio of the gross profit to _________________?
A. Net sale
B. Owner’s equity
C. Inventory turnover
D. Quick assets
What is another term for “acid-test ratio” ?
A. Current ratio
B. Quick ratio
C. Profit margin ratio
D. Price-earnings ratio