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?

Straight line method
Sinking fund method
Declining balance method
Sum-of-year digit method

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Engineering Economics
Which is true about partnership?

It has a perpetual life.
It can be handed down from one generation of partners to another.
It will be dissolved if one of the partners ceases to be connected with the partnership.
Its capitalization must be equal for each partner.

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