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 Declining balance method Sum-of-year digit method Straight line method Sinking fund method Declining balance method Sum-of-year digit method Straight line method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The owner of the construction company makes use of the estimate: To determine economic feasibility of the project All of these To determine the capital investment costs To assist in financial arrangements To determine economic feasibility of the project All of these To determine the capital investment costs To assist in financial arrangements ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The process of determining the value or worth of a physical property for specific reason is called ______. Economy Valuation Investment Depletion Economy Valuation Investment Depletion ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The amount of property in which a willing buyer to a willing seller for the property when neither one is under the compulsion to buy nor to sell is called ______. Good will value Fair value Book value Market value Good will value Fair value Book value Market value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Perfect information and absence of all economic friction Homogeneous product All of these Free market entry and exit Perfect information and absence of all economic friction Homogeneous product All of these Free market entry and exit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even? 2,632 2.590 2,890 2,712 2,632 2.590 2,890 2,712 ANSWER DOWNLOAD EXAMIANS APP