Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Goods or commodities Goods Services Commodities Goods or commodities Goods Services Commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Annuities involve: All payments of equal amount A series of payments Payment at equal time intervals All of these All payments of equal amount A series of payments Payment at equal time intervals All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following questions is relevant to the construction estimates? Did the estimators precisely evaluate site conditions How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost Did the estimators use short cut methods which may be unrealistic in their situation All of these Did the estimators precisely evaluate site conditions How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost Did the estimators use short cut methods which may be unrealistic in their situation All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the payments are made at the end of each period starting from the first period? Annuity due Ordinary annuity Deferred annuity Perpetuity Annuity due Ordinary annuity Deferred annuity Perpetuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Current assets less inventories divided by current liabilities is known as Debts ratio Acid-Test (or Quick) ratio Current ratio Liquidity ratio Debts ratio Acid-Test (or Quick) ratio Current ratio Liquidity ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method. 9 years 10 years 8 years 7 eyars 9 years 10 years 8 years 7 eyars ANSWER DOWNLOAD EXAMIANS APP