Engineering Economics In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes? Sinking fund method Sum-of-year digit method Declining balance method Straight line method Sinking fund method Sum-of-year digit method Declining balance method Straight line method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What represents the share of participation in business organizations? Stock Corporation Partnership Franchise Stock Corporation Partnership Franchise ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Owner’s equity = assets + liability Assets = liability + owner’s equity Liability = assets + owners’ equity Owner’s equity = liability – assets Owner’s equity = assets + liability Assets = liability + owner’s equity Liability = assets + owners’ equity Owner’s equity = liability – assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is: (1 + ni) None of these ni (ni - 1) (1 + ni) None of these ni (ni - 1) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year? Declining balance method Straight line method Sum-of-year digit method Sinking fund method Declining balance method Straight line method Sum-of-year digit method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity that does not have a fixed time span but continues indefinitely or forever? Perpetuity Deferred annuity Ordinary annuity Annuity due Perpetuity Deferred annuity Ordinary annuity Annuity due ANSWER DOWNLOAD EXAMIANS APP