Engineering Economics What are the common methods of computing depletion charge? Conservative method and conventional method Rational method and irrational method Discrete method and depletion allowance method Unit method and percentage method Conservative method and conventional method Rational method and irrational method Discrete method and depletion allowance method Unit method and percentage method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “unit method” for computing depletion? Initial cost method Percentage method Factor method Sinking fund method Initial cost method Percentage method Factor method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An association of two or more persons for the purpose of engaging into a business for profit is called ______. Entrepreneurship Proprietorship Partnership Corporation Entrepreneurship Proprietorship Partnership Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In case of bankruptcy of a partnership, The partners personal assets are attached to the debt of the partnership The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities The partners nay sell stock to generate additional capital The partners are not liable for the liabilities of the partnership The partners personal assets are attached to the debt of the partnership The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities The partners nay sell stock to generate additional capital The partners are not liable for the liabilities of the partnership ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of a product made available for sale? Supply Good Product Demand Supply Good Product Demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the ratio which gives us sufficient information by which to judge the financial condition and performance of the firm, from the following: Liquidity ratio Financial leverage ratio Activity ratio None of these Liquidity ratio Financial leverage ratio Activity ratio None of these ANSWER DOWNLOAD EXAMIANS APP