Engineering Economics In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset? 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 Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What do you call a one-time credit against taxes? Revenue credit Due credit Tax credit Credible credit Revenue credit Due credit Tax credit Credible credit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the simplest form of business organization? Enterprise Corporation Sole proprietorship Partnership Enterprise Corporation Sole proprietorship Partnership ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics How long will it take money to double itself if invested at 5% compounded annually? 14.2 years 13.7 years 15.3 years 14.7 years 14.2 years 13.7 years 15.3 years 14.7 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “unit method” for computing depletion? Factor method Percentage method Sinking fund method Initial cost method Factor method Percentage method Sinking fund method Initial cost method 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? 2.59 2890 2712 2632 2.59 2890 2712 2632 ANSWER DOWNLOAD EXAMIANS APP