Engineering Economics Using factor method, the depletion at any given year is equal to: Initial cost of property divided by the number of units sold during the year Initial cost of property times number of unit sold during the year divided by the total units in property Initial cost of property divided by the total units in property Initial cost of property times number of units sold during the year Initial cost of property divided by the number of units sold during the year Initial cost of property times number of unit sold during the year divided by the total units in property Initial cost of property divided by the total units in property Initial cost of property times number of units sold during the year ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In case of bankruptcy of a partnership, The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities The partners are not liable for the liabilities of the partnership The partners personal assets are attached to the debt of the partnership The partners nay sell stock to generate additional capital The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities The partners are not liable for the liabilities of the partnership The partners personal assets are attached to the debt of the partnership The partners nay sell stock to generate additional capital ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the two classifications of goods and services? Local and imported Ready-made and made-to-order Consumer and producer Raw and finished Local and imported Ready-made and made-to-order Consumer and producer Raw and finished ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the change in cost per unit variable change called? Variable cost Supplemental cost Incremental cost Fixed cost Variable cost Supplemental cost Incremental cost Fixed cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is: (1 + i)n √(n + i) None of these (1 + i)(1/2n) (1 + i)n √(n + i) None of these (1 + i)(1/2n) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the payments are made at the beginning of the each period starting from the first period? Deferred annuity Annuity due Ordinary annuity Perpetuity Deferred annuity Annuity due Ordinary annuity Perpetuity ANSWER DOWNLOAD EXAMIANS APP
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